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Purchased
Multi-tenanted industrial site with approved development upside
Purchase Details
Asking Price
8250000
Purchase Price
8041390
Deposit (assuming
70
% debt)
2801448.78
Stamp Duty
474202.93
Building Report*
1200
Solicitor Cost*
10000
Valuation*
8000
Other Costs*
Other Fees* (Depreciation
report, bank fees)
report, bank fees)
8250000
Total Cash Required
3294851
Purchase Price + Purchasing Cost
8497572
Net Annual Cash Flow Return
517400
Net Yield on Property
6.46
%
Net Yield Accounting for
Purchasing Costs
Purchasing Costs
6.09
%
Cash-OnCash Returns
Deposit Needed =
% + Costs
3294851
Cost of Loan
(Assume
6.5
% pa on
70
% debt)
338174
Return of Equity
(Pure cash flow return)
5.44
%
Return of Equity with a
5% Capital Growth Rate:
17.59
%
Return of Equity with a
7% Capital Growth Rate:
22.44
%
Return of Equity
10% Capital Growth Rate:
29.73
%
*approximate number
Key Highlights
• 18,800m2 (4.6 acres) of land area
• Current NLA: 4,272m2
• Medium Impact Industry Zoning
• Large multi-tenanted industrial site
• Sunshine Coast Location
• Current Net Income: $517,400.17*
• Prominent corner site with high volume of passing traffic
• 4 separate buildings and substantial hardstand
• Development approval for 5 industrial warehouses to be constructed on the rear of the site
• 17Kms to Maroochydore CBD• 24 minutes* to local airport, 100Kms* to Brisbane Airport
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