High-yield SMSF Office Investment with 3+3 Years Lease to 2031 to 10y established Tenant

Client MandateOur client is a first-time commercial investor who engaged us to source a low-risk Investment property for their SMSF. They required 5.5-6%+ net yield, with a long lease and their main goal was to have a  secure income stream with a good tenant and capital appreciation.
‍ResultSourced on market, this office asset features a 3+3 year lease with 4% annual increases until 2031 to a local psychologist in occupation for 10years . The property is located in a small commercial hub in Northern NSW, surrounded by high density residential areas, shopping centre and in close proximity to Gold Coast airport. We successfully negotiated a $70,000 price reduction on the asking sale price, negotiated favourables terms and conducted extensive DD to ensure all boxes were ticked to protect our client with this investment that will greatly benefit their portfolio.