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An established convenience centre with development upside, featuring a diverse and successful tenancy mix.

Capital City Trophy Investment: A prime piece of real estate in a bustling capital city. National Branded Tenants: Featuring key national brands for long-term stability.

Recession-Proof Businesses: Essential services and a Medical Centre provide stability in all economic climates.

Large Land Areas for Future Development: Unlocking potential for future growth and expansion.

Purchase Details
Asking Price
8500000
Purchase Price
8150000
Deposit (assuming
65
% debt)
2852500
Stamp Duty
483176.25
Building Report*
1500
Solicitor Cost*
10000
Valuation*
6000
Other Costs*
Other Fees* (Depreciation
report, bank fees)
8500000
Total Cash Required
3353176.25
Purchase Price + Purchasing Cost
8650676.25
Net Annual Cash Flow Return
529765
Net Yield on Property
6.5
%
Net Yield Accounting for
Purchasing Costs
6.12
%
Cash-OnCash Returns
Deposit Needed =
% + Costs
3353176.25
Cost of Loan
(Assume
6.5
% pa on
65
% debt)
344337.5
Return of Equity
(Pure cash flow return)
5.53
%
Return of Equity with a
5% Capital Growth Rate:
17.68
%
Return of Equity with a
7% Capital Growth Rate:
22.54
%
Return of Equity
10% Capital Growth Rate:
29.84
%
*approximate number

Key Highlights

• Total Site Area: 4,517m2 of Freehold Land

• Gross Lettable Area: Approximately 907m2

• Income Stability: National tenants on varying leasing end dates

• Diversity: Complimentary and proven successful tenancy mix – national & medica

l• Net Income:  $509,953 net + GST (approx.)

• Other:  Development Upside with drive-thru pad site at entrance (20% site coverage)

• Leases: Night Owl, Dominos, Better Life Medical Centre, BWS and Dominos and other essential services (recession-proof) tenants.

• Location: North Lakes – High growth corridor of Northern Brisbane yet still an Established Market

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