LEASED TO SAME NATIONAL TENANT FOR 27 YEARS!

The Details

Location: Perth, WA

Type: Off Market Commercial

Purchase Price: $1,200,000

Net Rent: $71,944

Net Yield: 6%

Cashflow: $34,266 per year (70% loan @ 4.75%)

Lease: 7 years lease

Showroom: 448sqm

Land: 3000+ sqm

Leased to a reputable brand who have occupied the premises for 24 years

7 year lease!

Suburb is extremely tight for vacancies

Secured under asking price off market

High quality premises in a prime location

Versatile premises for future tenants if required