First Avenue, Mooloolaba
2/45 First Avenue Mooloolaba QLD

Details
- Property type:
- Investment
- Size:
- 410m2
- Status:
- Investment
- Net yield:
- 6.9%
- Cash on cash return:
- 26%
- Total savings:
- $256,000
Details
This client wanted to secure a high yielding investment to aid their retirement fund, with this being the case there were a number of conversations around the long-term game plan. To get a higher yield they were happy to secure a 7% return in a regional location, however they wanted it to be a fairly passive investment. What we managed to help them secure was a Mooloolaba CBD professional office suite, with a sole tenant on a 3 + 3-year lease and only a short walk to beach. The best part being it was returning 7% in a metro location.
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%