Mitchelton QLD
DETAILS
Property type: Commercial
Size: 95m2
Status: Investment
Net yield: 6%
Cash on cash return: 23%
Total savings: $30,000
These clients were looking to expand their portfolio, their 2nd purchase with SpaceFinder. When showed a blue-chip property in Brisbane, they saw the opportunity in a long term secure play.
It ticked all the boxes, capital city metro location (close to where they grew up), 6% + return, long term secure lease and CPI increases.
