FOR SALE OR LEASE 3028M2 DA APPROVED INDUSTRIAL DEVELOPMENT -MARRICKVILLE

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Asset for sale or lease

 

This asset offers the kind of prestige amenity not previously seen in a Marrickville industrial development. Floor-to-ceiling windows in this impressive north facing street front building offers abundant natural light and pleasant open plan work areas.

Construction is due to commence Q12019 this asset would suit property groups looking for a long term quality asset in an extremely popular area of Marrickville. Contact us on the form below for pricing and a detailed IM.

Property Features

  • DA approved 5 level Building with basement parking
  • GBA (excluding parking) 3,128sqm
  • Site Area 2,039sqm
  • 27 Secure Basement Spaces & 13 Grade level parking spaces
  • Generous outdoor spaces
  • 400m to Marrickville Metro
  • 800m to Sydenham Station
  • Construction due to commence March 2019

For additional information request the investment IM below

Marrickville Industrial IM

 

 

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For Sale – Social Studio Living in Brisbane – fully tenanted yielding 7.8% p.a

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Asset for sale –

 

V1 Developments Pty Ltd are offering for sale a 5 dwelling social studio residence in Hendra Brisbane.

Completed in January 2019 the asset is Brisbane City Council Rooming Code compliant maximising rental returns by allowing up to 5 independent residences on one title.

This newly legislated style of micro-apartment development has allowed investors certainty around small apartment product within the inner ring suburbs of Brisbane resulting in substantially higher yields. 

Each dwelling is leased on either a short or long term standard lease agreements and is generating total cash income of $1650/wk providing an annual income of $85,800 or 7.8% rental yields.

Yields above are based on a purchase price of $1,100,000.

This development fills a gap in the local Hendra rental market, appealing to fly in/out workers, students and young professionals. Located 6km from the Brisbane CBD and close to some of Brisbane’s largest developments including the new Brisbane Casino (completion due 2020) the property is accessible via many public transport options.

The Rooming Accommodation Code is a style of dwelling encouraged by Brisbane City Council (primarily for students and young professionals who have been priced out of the local market) as part of their City Plan 2014 policy that encourages smaller style private accommodation in well-established areas of Brisbane.

V1 Developments Rooming Accommodation Investment Overview

  • Four assets are available off-market to purchase ranging in price from $950,000 to $1.1m
  • Choice of assets across 4 suburbs (Hendra, Tennyson, Cannon Hill and Bardon)
  • Annual yields (Hendra property) 7.8%*
  • Fully tenanted and developer rental guarantee provided for 12 months from the date of purchase
  • Land area 400-450m2 block in well-established areas of Brisbane.
  • Stamp duty and depreciation benefits available.
  • Dwellings fully compliant with the Rooming Accommodation code
  • Designed to allow reconversion in the future to a single family dwelling at minimal cost.
  • Long-term management of tenancies under a rental management agreement an option

For additional information request the investment IM below.

Micro Apartments IM

*Refer to IM for additional information, CPC takes no responsibilty for the accurancy of any information within the IM.

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For Sale – Stunning New Bardon QLD Executive Residence Yielding 4.1% p.a

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22nd May 2018

CPC is proud to offer this off-market investment opportunity to purchase a stunning new designer residence in the affluent suburb of Bardon QLD. 

Located only 5.5kms from the Brisbane CBD the residence overlooks beautiful parklands and is within walking distance to numerous schools and local amenities. 

This property will appeal to the higher end of the rental market as a solid investment property initially yielding 4.1% p.a ($67,600 annually)*

 The development group and builder have a solid track record of developing modern executive residences in Bardon and surrounding areas. They are providing investors opportunity to acquire this asset off-market via direct negotiation with the developer and only a few months to project completion. 

 
  
The Opportunity
  • Purchase of new stunning 4/5 Bedroom architecturally designed residence in Bardon Qld
  • Residence features 335m2 of internal floor area, 5 bed, 3.5 baths, 2 car garage
  • Open plan indoor/outdoor modern design with timber floors. 2.7m high ceilings
  • Kitchen features Miele appliance and stone benchtops
  • Zoned and ducted A/C
  • Extensive landscaping and pool 

Investment Financials*

  • Purchase price $1.65m
  • Rental guarantee of $1,300 per week rent ($67,600 annually) underwritten by the developer for 3 years.
  • Project completion July 2018, standard settlement terms.
  • For recent comparable sales and rental analysis in Bardon refer to detailed IM.

Enquiry Executive Residence Bardon Qld

*Refer to IM for additional information.