Iconic Retail Space Thrives with Diverse,
Long-Term Occupants

The Details

Location: Perth,WA

Type: Tilt panel warehouse/showroom with mezzanine

Purchase Price: $1,040,000

Net Rent: $64,000

Net Yield: 6.27%

Cashflow: $15,030 (70% loan at 6.5%)

Lease: 3 year lease remaining with a 5 year renewal option.

Building area: 246 sqm + 56 sqm mezzanine

Why we love this property

Rare opportunity to invest in the tightly held precinct of Ellenbrook

Well established tenants who have occupied the same premise since 2007

Power efficient with solar panels

A unique pocket of commercial space in the satellite hub of Ellenbrook