Purchased: On-Market
Purchase price: $1,150,000
Net rent: $60,000
Net yield: 5.22% (area yield around or below 5% net)
Location: Central Coast, NSW (Growing area)
Lease Term: 5 years + 5 years
Increase: 3.25% per annum
Client Comments:
When our company decided to buy a new property for our Super Fund to a particular specification and location we inquired of the services of 3 property buyers. After receiving a proposal from all 3 we were particularly impressed by the offer received from Propertybuyer. After further discussion and conversations with Alberto Da Grava we were very impressed and chose to go with Propertybuyer. Alberto helped us find and buy a property within 2 months that met our brief. We chose to engage a property buying agent to take some of the time and stress off ourselves, and they not only did that, but also found us properties we would not have seen if we were looking ourselves. We would highly recommend using Alberto from Propertybuyer.
Client - Robert
Buyers' Agent Comments:
Goal
To purchase a Commercial leased investment for a SMSF; requirements annual increases over 3%, low maintenance, long term lease and net yield above 5%.
We purchased an Industrial freestanding warehouse in a growth suburb of the Central Coast. The property is leased to an established local tenant on a 5+5 years lease, 3.25% annual increases and returning 5.22% net. It also offers great depreciation benefits being a brand new built.
Commercial Buyers' Agent - Alberto Da Grava
