Cooroy QLD
DETAILS
Property type: Retail
Size: 205m2
Status: Investment
Net yield: 5.98%
Cash on cash return: 29%
Total savings: $28,566
Our client required a long-term investment with a solid tenant in place & this property more than delivered. This dual-tenanted property located in Cooroy’s CBD was secured with a ‘Subway’ plus a bottle shop as tenants & provided returns across two leases with a 5 X 5 X % year lease plus a 3 x 3 x 3 year lease. Solid long term rewards & who doesn’t love a Subway & a bottle shop!?