Good enough yield ?

Discussion in 'Commercial Property' started by Beano, 6th Jun, 2019.

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  1. Beano

    Beano Well-Known Member

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    $650k Indicative price Net Income $450k pa
     

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    Beano, 6th Jun, 2019
    #1
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  2. UrbanPlanner

    UrbanPlanner Well-Known Member

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    Perth
    I'll give him $750k to get the deal done, cos I'm a nice guy.
     
    UrbanPlanner, 6th Jun, 2019
    #2
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  3. Brumbie

    Brumbie Well-Known Member

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    Haha. I got that email this morning! So I am guessing its @6.9% yield. Which is OK in these times for it's location. Not a buy for me. I would want closer to 10% for Dubbo.
     
    Brumbie, 6th Jun, 2019
    #3
  4. Cate Bell

    Cate Bell Well-Known Member

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    Two please..….
     
    Cate Bell, 6th Jun, 2019
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  5. Marg4000

    Marg4000 Well-Known Member

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    Ad says it is a “proposed truck stop ... site”.

    Guess you have actually get the approvals and build the service centre?
    Marg
     
    Marg4000, 6th Jun, 2019
    #5
  6. Scott No Mates

    Scott No Mates Well-Known Member

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    Did someone leave a zero on the table?
     
    Scott No Mates, 6th Jun, 2019
    #6