Eclipse Street, Springsure
21 Eclipse Street, Springsure QLD 4722

Details
- Property type:
- Industrial
- Size:
- 606m2
- Status:
- Investment
- Net yield:
- 11%
- Cash on cash return:
- Total savings:
- $149,950
Details
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.
More Success Stories
- Property type:
- Industrial
- Purchase price:
- $800,000
- Status:
- Investment
- Net yield:
- 11%
- Property type:
- Retail/Industrial
- Purchase price:
- $2,100,000
- Status:
- Investment
- Net yield:
- 5.6%
- Property type:
- Office/Industrial
- Purchase price:
- $1,500,000
- Status:
- Owner occupier
- Net yield:
- 4.5%