Cleveland QLD
DETAILS
Property type: Commercial
Size: 81m2
Status: Investment
Net Yield: 5.85%
It was this couple’s first commercial investment purchase due to formerly being interested in residential. However, they like the idea of commercial, a positive long term capital growth and a development potential.
This new investment is a great start to their property investment portfolio. The current tenant is well established and the lease is for a further 3 years.