Yesterday, I attended the Auction of a desirable investment property leased to Dulux Paints until 2024. Strong bidding resulted in a sale price of $5.30m, which equates to a yield of 4.25%. An added bonus was the tenant paying the Land Tax, which boosted the yield to 4.70% net. The high exposure site at 565 Doncaster Road, located in Doncaster’s Golden Mile, comprising car dealerships, Doncaster Shoppingtown and major retailers. Key attributes of the property include: * Land