Did I read this yeild correctly - 13%

[eggnog]

Was just sifting through RC.com and saw this. Absolutely floored me 13%yield claimed by REA. Is this even possible at this stage of the market.

http://www.realcommercial.com.au/cg...r=&c=72891278&s=qld&snf=ras-bri&tm=1198277803

 

[buzzlightyear]

I think some clarifiction questions would need to be asked to the REA. 13% doesn't sound right to me. Maybe a typo made by the admin assistant or agent when entering the price and/or lease number online.

At least I know where CAPALABA is now located .

 

[acer]

Seems well above market. The rate per sq mtre would equate to $300 which for industrial is well above.

This maybe be a marketing gimmick where the asking rent is set at unrealistic level........to attract a sale. A major part of commercial investment is the lease, so without one in place you would do thnorough research to determine realistic return. On this basis you may find asking rent is over the top.