Marcoola QLD
DETAILS
Property type: Industrial
Size: 210m2
Status: Investment
Net Yield: 6%
Cash on cash return: 23%
Total Savings: $30,000
In pursuit of their SMSF investment strategy, this client had clear and specific requirements: tenanted commercial investments in either Queensland’s metro or regional locations. With a budget of $678,000 allocated for metro properties and $472,700 for regional, they were poised to build a diversified portfolio of properties ranging from $400,000 to $700,000.
Their vision encompassed the creation of a 25-year multiple-property portfolio, a robust strategy aimed at securing their financial future. Originally listed at $575,000 this valuable asset was secured at a final purchase price of $545,000. This property not only provides ample room but also promises a steady stream of income from tenancy. By making this investment, the client is taking a significant step towards building a diversified, resilient, and profitable property portfolio. It ensures the long-term stability and growth of their SMSF, aligning with their objective of creating a robust 25-year property portfolio.
