Freestanding Medical at Entry-Level Price Point

The Details

Location: Brisbane, QLD

Type: Medical

Purchase Price: $500,000

Net Rent: $30,000

Net Yield: 6.00%

Cashflow: $9,250 (70% loan at 6.5%)

Total Return Including Capital Gains: (cashflow + 6% growth) $34,250

Lease: 3+3 year lease

Total area: 71 sqm

What we like about this property:

Freestanding medical/commercial complex with residential units above.

In a boutique building of only 5 units: 3 ground floor fully fitted medical units + 2 units on the first floor with residential & office zoning.

12 underground carparks with disabled and lift access to upper floors.