Large Land Primed for Residential Growth

The Details

Location: Perth, WA

Type:   Off Market Commercial

Purchase Price: $1,080,000

Net Rent: $60,140

Net Yield: 5.57%

Cashflow: $26,714 per year (70% loan @ 4.75%)

Lease: 5 year lease + 2 + 2 + 2 years

Land: 1514 sqm

Warehouse: 518 sqm

Office: 112 sqm

Why we love this property

 Large land component always leaves possibility of development or value add options in the future

Area is primed for future residential growth which will directly benefit the surrounding commercial property values

Property is under rented so opportunity for further capital growth and increase cash flow