J U S T S O L D - C A S E S T U DY
TYPE INDUSTRIAL
NLA 416M2
SOLD 13/09/2021
OFFERS 1
YIELD 6%
BOOK APPRAISAL
INVESTORS OPEN TO VACANT WAREHOUSES WITH TENANTED STOCK LOW 4 & 5/11 PACKER ROAD, BARINGA QLD 4551
Demand is driving up the price of vacant and investment stock; however, banks are now starting to look closer at valuations and we might be hitting the top of the market. Purchased vacant, the investors were confident in the building, location and local demand that the units would be leased quickly. Sure enough, prior to completion there was interest in the units resulting in income generated from day one.
DAVID GOLDSWORTHY 0481 996 794
SALES & LEASING EXECUTIVE david.goldsworthy@raywhite.com
SALE PRICE $796,000
ENQUIRY 8
MICHAEL SHADFORTH 0488 981 076
DIRECTOR - COMMERCIAL PRINCIPAL michael.shadforth@raywhite.com
SAMUEL HOY 0423 795 273
SALES & LEASING EXECUTIVE samuel.hoy@raywhite.com
raywhitecommercialnortherncorridorgroup.com.au