Back to properties
Purchased
Modern industrial warehouse!
This is our valued client’s first purchase with Rethink Investing. They were looking for a top-grade industrial asset to hold for a very long period. After looking for a few months, we landed on this extremely attractive asset due to the ASX tenant and the property’s sheer size for the price point. A great overall investment that will give our client over $1,000 per week in passive income even after the mortgage expenses.
Purchase Details
Asking Price
1350000
Purchase Price
1245000
Deposit (assuming
70
% debt)
373500
Stamp Duty
55845
Building Report*
600
Solicitor Cost*
6500
Valuation*
3000
Other Fees* (Depreciation
report, bank fees)
report, bank fees)
Total Cash Required
439445
Purchase Price + Purchasing Cost
1310945
Net Annual Cash Flow Return
78030
Net Yield on Property
6.27
%
Net Yield Accounting for
Purchasing Costs
Purchasing Costs
5.95
%
Cash-OnCash Returns
Deposit Needed =
% + Costs
439445
Cost of Loan
(Assume
3
% pa on
70
% debt)
26145
Return of Equity
(Pure cash flow return)
11.81
%
Return of Equity with a
5% Capital Growth Rate:
25.97
%
Return of Equity with a
7% Capital Growth Rate:
31.64
%
Return of Equity
10% Capital Growth Rate:
40.14
%
*approximate number
Key Highlights
• Building Area: 1,120m2
• NLA: 2,001m2
• Leased to 2025
• Guarantee, secured by an ASX listed tenant
• Tenant pays all outgoings, incl rental management fees and land tax
More Properties
Discover more examples of our commercial properties transactions.
Start Creating Wealth Through Property Today
Insert your details to receive to book a complimentary consultation with one of our expert Senior Buyer Advocates.