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Circa: $5.3M
Martin is a first time commercial investor who has been referred to me to purchase a value-add Commercial Investment property in Brisbane. His goal was to purchase a large industrial low-site coverage asset, offering a good rental yield and a greater upside in the next 1-2 years up to $5.5m. With low stock of quality tenanted investments, I recommended 3 properties in Brisbane, we missed out on the 1st one and went close to another 2. Then uUsing my network of contacts and Agents, I uncovered an ideal site in the growth south-Brisbane corridor. The Owner is doing a 2year leaseback and today the asset delivers a 6.44% net yield, with strong CPI annual increases providing a low-maintenance, stable and secure income to our client. The rental return is projected to shoot up to 7.75% in 2years time! We swiftly negotiated price, terms and conditions to suit our client and conducted extensive DD. Martin is over the moon with the result and we trust this commercial asset acquisition will greatly benefit the growth of his property portfolio.
Level 17 Chifley Tower
2 Chifley Square
Sydney NSW 2000
Australia
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Tell us your requirements in the short Property Brief to be matched with one of our expert buyers’ agents who specialize in that area. Once you’ve hit send, we will review the Brief and arrange a consultation to discuss your details and the next steps. Please note the first consultation is obligation-free.
Propertybuyer Inner West, South Sydney & CBD
Level 17 Chifley Tower
2 Chifley Square
Sydney NSW 2000
Australia
Suite 2201, Level 22, Tower Two
Westfield Bondi Junction
101 Grafton Street
Bondi Junction NSW 2022
Australia
Propertybuyer Northern Beaches / Northern Suburbs
Suite 2
47-49 The Centre
Forestville NSW 2087
Australia
Propertybuyer Newcastle / Hunter Valley
4 Orana Crescent
Adamstown Heights
Newcastle NSW 2289
Australia
Suite 3135
3 Parkland Boulevard
Brisbane City QLD 4000
Australia
Propertybuyer Inner West, South Sydney & CBD
Level 17 Chifley Tower
2 Chifley Square
Sydney NSW 2000
Australia
Suite 2201, Level 22, Tower Two
Westfield Bondi Junction
101 Grafton Street
Bondi Junction NSW 2022
Australia
Propertybuyer Northern Beaches / Northern Suburbs
Suite 2
47-49 The Centre
Forestville NSW 2087
Australia
Propertybuyer Newcastle / Hunter Valley
4 Orana Crescent
Adamstown Heights
Newcastle NSW 2289
Australia
Suite 3135
3 Parkland Boulevard
Brisbane City QLD 4000
Australia
The Propertybuyer
Podcast
Fri 27 Dec '24 with Rich Harvey How to Finance your Future with Property |
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Fri 13 Dec '24 with Rich Harvey Property Market Outlook 2025 |
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Fri 29 Nov '24 with Rich Harvey How to Make Better Financial Decisions |
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Fri 15 Nov '24 with Rich Harvey How Will the Future of the Real Estate Industry Evolve? |
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Fri 1 Nov '24 with Rich Harvey Sydney’s Lower North Shore - Perspectives and Insights |
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Fri 20 Sep '24 with Rich Harvey How to Invest or Buy Commercial Property |
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