Case Study
59 Lusitania Street
Case Study Narrative
The Client
Client
Salena
Related Case Studies
Rasmussen, QLD
Book Session
Dual Key · Co-Living
Multiple Income Streams
As Dual Key · Yield 7.82%
$550 + $450/wk
As Co-Living · Yield 10.95%
$250 – $300/room
Upstairs
3 bed, 1 bath, Kitchen
Downstairs
2 bed, 1 bath, Kitchen
Storage units – Townsville · Garbutt QLD
Book Session
17 individual storage units across three strata lots, approximately 303m² total floor area.
Strategy: Multiple individual income streams rather than reliance on one traditional commercial tenant.
Property Type
Commercial / High-yield Cash Flow
Net Income
$31,694.87 P.A.
Net Yield
8.0%
4/32 Export Drive, Molendinar · Gold Coast QLD
Book Session
Investigate separating the upstairs office and downstairs warehouse into two tenancies.
Property Type
Commercial / Rental Uplift
Current Rent
~$40,000 P.A.
Current Gross Yield
~5.7%
Potential Rent
~$55,000 P.A.
Potential Gross Yield
~7.9%
9 Turner St, Colyton, Nsw · Sydney
Book Session
Granny flat to improve cash flow Western Sydney growth corridor location.
PROPERTY TYPE · Dual Key
Yield 4.68%
Main house
$700 per week
Granny flat
$520 per week
Total
$1.220 per week
Cremorne House · Melbourne, VIC
Book Session
The property is being sold by Expression of Interest; no exact asking price is publicly disclosed. At exactly a 7.0% capitalisation of the stated $147,150 net income, the mathematical implied value is approximately $2.10 million. The actual sale price may be higher or lower.
- 185m² high-quality office suite with two car spaces
- Tenant pays 100% of building outgoings
- Current lease expires 10 November 2028 with three further 3-year options
- Opposite East Richmond station in the Cremorne commercial precinct
Property Type
Property & Tenancy
Sale Method
EOI
Net Rental Income
$147,150 P.A.
Annual Rent Growth
4.0%
Advertised Return
7.0%
Get in touch
Ready to Build Your Property Portfolio?
The 30-minute strategy call covers what's possible for you, specifically. Free. No pitch.