This property was offered as a fractionised investment in April 2022

This trendy little Bowen Hills office, was acquired to provide investors with reliable income & growth over the term of the investment. Wholesale Investors were able to access the investment for mulitples of $100,000 each.

The property was acquired for $10.2M which showed an initial yeild of 6.1% per annum. It had a 4 year WALE with annual increases of 3%, and a net lettable are of 1392 sqm over 2 levels and basement carparking for 26 cars. The land area was 920 sqm appox. You can also see from the photos it had terrific exposure onto the freehway (inner-city bypass at the rear)

The fund managers were able to give investors a forecast of returns substaintially higher than the initial yeild with the assistance of competitive funding arrangements

For further details please contact Rob Stanley-Turner 0418982000/rob@dev.zealousys.com

Disclaimer:

All areas and figures are approximate only. All reasonable steps have been taken to ensure the accuracy of this information and this does not constitute any representation by us as agent and should be considered a guide only.