Springsure QLD
DETAILS
Property type: Industrial
Size: 606m2
Status: Investment
Net Yield: 11%
Total savings: $149,950
With a substantial budget ranging from $1 million to $3.25 million, our client was on a quest to secure a property that could serve as either an industrial or office space. The search criteria were as diverse as the potential locations, with an initial focus on Brisbane and the Sunshine Coast, but also extending to South East Queensland and suburbs. The goal was to accommodate 1-2 tenants, preferably national or public companies with a strong presence. This property was listed initially at $949,950 and, through negotiation, was secured at a final purchase price of $800,000. This extensive property is suitable for a variety of industrial or office applications. With such a spacious canvas, it offers great potential for accommodating 1-2 tenants, potentially including national or public companies. This investment not only falls within the client’s budget range but also is poised to yield solid returns and potential growth in the South East Queensland region and beyond.
