Well-Located Office Warehouse with Secure Tenant

The Details

Location
Perth, WA
Type
Office/Warehouse
Purchase Price
$1,175,000
Rent
$65,835 per annum
Yield
5.6%
Cashflow
$17,373 (70% loan at 6.5% interest rate)
Lease
5 year lease expiring 2029 with 1 x 3 yr option

Why We Love This Property

  • Tenant has been here for over 10 years!
  • Complex is surrounded by national tenants
  • High-truss warehouse with a partitioned officed
  • Secure parking to limited suites
  • Triple net lease
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