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Featured Property Horatio's Story

Commercial buyers

Circa: 2.2M

Mark Gergis

senior commercial buyers' advocate

M 0401 713 529

Brisbane, QLD

BUYERS' AGENT COMMENTS

Horatio & Irene are investors who have been referred to advise and purchase a Commercial Investment property within his SMSF, either NSW or QLD. Having a large residential property portfolio, his goal was to purchase a solid, low-maintenance investment that would provide both income security, growth and a good net yield. With low stock of quality tenanted investments, I recommended 3 properties in Brisbane, but Horatio was okay not happy. Using my network of contacts and Agents, I uncovered an ideal quality brand-new Industrial unit in the growth south-Brisbane corridor. The tenant has been in occupation since 20023 with a 3+3 year lease and strong CPI annual increases providing a low-maintenance, stable and secure income to our client. The rental return is 5.91% net with strong depreciation benefits given the estate is brand-new. We swiftly negotiated price, terms and conditions to suit our and conducted extensive DD. Horatio&Irene are thrilled with the result and we trust this commercial asset acquisition will greatly benefit the growth of his property portfolio.

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Featured Property Horatio's Story

Commercial buyers

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