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  1. K

    Commercial property yielding 10%

    Still on the market. He's turned down an offer in low 800's, although negotiations are ongoing. I guess any new owner will get a nett yield a little over 10%.
  2. K

    Commercial property yielding 10%

    Hi Andrew, I think there is always scope for creativity. He offered me a tempting creative deal. Hi belleran, Oberon. It has a little mining, a local billionaire at Mayfield, wood chip factory, farming and a reasonable number of tourists/hobby farmers. Happy to PM you contact details...
  3. K

    Commercial property yielding 10%

    A mate is offloading his commercial IP & offered it to me - I'm not interested, but it seemed like a reasonable deal. It's a grocery store in a small town within reach of Sydney - population 2500. The tenant is 2 years into a 10+5+5+5 lease. It yields 10% on the asking price of $900K...
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