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Central Coast Commercial

"..Industrial Leased Investment... "

Location: Central Coast

Price: $ 4,000,000

Buyer type: Commercial

Purchased: Off-Market
Purchase price: $4,000,000
Net rent: $242,000
Net yield: 6.05% (area yield around or below 5% net)
Location: Central Coast, NSW (Growing area)
Lease Term: 7 years + 7 years
Increase: 3.25% per annum

Buyers' Agent Comments:

To purchase a Commercial leased investment, A-grade Tenant, 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 had excellent Tenants history and is leased to an International supplier for 7years+7years. It’s been purchased Off-market for $4m which is $133,000 less than the asking price returning 6.05% net.

Commercial Buyers' Agent - Alberto Da Grava

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