Raine and Horne Commercial

6 What Makes a Good Investment Property? Colin Tucker | Associate Director 0411 534 023 | colin@RnHcommercial.com.au Unit 17, 172 Redland Bay Road, Capalaba This property was offered for sale on 4 August 2021. An inspection was undertaken on the same afternoon and an offer submi ed to the Sellers two days later. The property was under contract on 10 August 2021 – cash contract, 21 days Due Diligence and se lement 14 days thereafter. Although there was only a short term lease in place (2 years + 1 year option) the Buyers were not concerned as they were ultimately buying the building as a long term investment and were relying on the following five key factors in submi ing their offer: Quality construction Built by a well-respected and reputable local builder Internal presentation Modern, clean and well-presented Well balanced office to warehouse ratio Will suit a multitude of business operations Council Zoning Mixed Use Zoning provides more options Prime location Redland Bay Road address The final outcome: Tenanted investment properties have seen a huge increase in enquiries of late particularly with interest rates so low. So if you are in the market to buy what should you be looking for? To the right is one of our recent success stories to provide you with some helpful tips. Record demand has seen commercial properties in Capalaba and Cleveland now edging towards $3,000/m² for quality buildings ranging in size up to 300m². With a scarcity of land, increasing costs in building materials, and properties being tightly held, it is more important than ever to act quickly when the opportunity arises to purchase a quality asset. Sale Price $616,500 Yield 5.45% Building Size 211m² $/sqm $2,921/sqm