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Purchased
Available exclusively with our team, this asset offers a prime industrial investment opportunity.
Positioned on 5,755sqm of land, the property includes 3,482sqm of high-exposure building area with dual tenancies in place. Located just 10 minutes from Geelong CBD, and with direct access to Princes Highway and Corio Quay, this is an exceptional investment in one of Victoria’s key industrial hubs.
Purchase Details
Asking Price
5600000
Purchase Price
5400000
Deposit (assuming
65
% debt)
1890000
Stamp Duty
331000
Building Report*
2000
Solicitor Cost*
7000
Valuation*
5000
Other Fees* (Depreciation
report, bank fees)
report, bank fees)
102600
Total Cash Required
2337600
Purchase Price + Purchasing Cost
5847600
Net Annual Cash Flow Return
325427
Net Yield on Property
6.03
%
Net Yield Accounting for
Purchasing Costs
Purchasing Costs
5.57
%
Cash-OnCash Returns
Deposit Needed =
% + Costs
2337600
Cost of Loan
(Assume
6.25
% pa on
65
% debt)
219375
Return of Equity
(Pure cash flow return)
4.54
%
Return of Equity with a
5% Capital Growth Rate:
20.93
%
Return of Equity with a
7% Capital Growth Rate:
25.56
%
Return of Equity
10% Capital Growth Rate:
32.49
%
*approximate number
Key Highlights
- Total land area: 5,755sqm | Building area: 3,482sqm
- Dual tenancies, with a combined rental income of $325,427 + GST + outgoings
- Leased to Asterix and Cloverdale Group, with both tenants secured until 2026-2027
- 30 car parks on site, high-exposure signage, and roller door access
- Eligible for 50% stamp duty concession
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