Key Highlights
• Location: Gold Coast, QLD
• Building size: 220m2 +3 car spaces
• Annual Net Rent: 55,000 Net + GST + Outgoings
• Lease Term: 2year to 2025 + 1year option to 2026
• Increase: CPI
• Price: $940,000
• Net yield: 5.85%
• Value-add: $110,000 (20% on capital value)
Client MandateJ. is a HNY investor who engaged us to source his 1st commercial Investment property, ideally with a 5%+ net yield, good value for money and under $1m. His main goal was to have a low-maintenance investment easy to release to avoid risks of vacancy.
ResultSourced off-market, this brand-new 220m2 warehouse is in a blue-chip Gold Coast location within a tightly held industrial precinct close to Bunnings and proximity to national tenants. The tenant just signed a 2+1year lease to 2026 with CPI annual increases. We negotiated a $35,000 price reduction, and conducted extensive DD establishing a 20% below market capital value creating immediate and future upside that will greatly benefit our client.
See how we can help you Invest in or Occupy your ideal Commercial property.