Deal Review: How I’d approach this multi-tenant industrial property with vacancy

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In this week’s deal review, we’re exploring an industrial property with three tenancies, dual street frontages, and short leases, offering a versatile value-add opportunity.

With a 2,000 sqm land area and underutilized space, this site has the potential to cater to a wide range of industrial opportunities. Two of the units are currently vacant, providing a chance to boost returns, while the owner is offering flexible settlement terms and tenant assistance during the process.

The big question: Can you maximize its income potential and achieve double-digit returns?

This deal is about asking the right questions and unleashing creative possibilities. With high industrial demand in the area, could this be your next high-performing investment?

Property link: https://www.realcommercial.com.au/for-sale/property-23-boothby-street-drayton-qld-4350-504646252

IM here: https://drive.google.com/file/d/1BB4X1XDPiOH2R-ar99MUyihs4vhSD4-z/view?usp=sharing