Future-Proof Versatile Property Appeals to Diverse Range of Tenants

The Details

Location: Perth, WA

Type: Off Market Commercial

Purchase Price: $1,090,000

Net Rent: $68,940

Net Yield: 6.32%

Cashflow: $27,217 per year (70% loan @ 5.5%)

Lease: Fresh 2 years lease with 3% rental increases

Total area: 556 sqm

This is a versatile investment which would appeal to a multitude of tenants in the future as well.

Multiple major infrastructure projects planned or underway within close proximity showing plans for long term and sustainable growth

Corner unit with best exposure in the complex

2 x container height roller doors

Negotiated new lease during due diligence