Retail Investment Cooroy QLD

Secured Cooroy CBD Retail Investment: Dual Tenancy with Subway and Bottle Shop Delivered 5.98% Net Yield

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!?

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