Near New Off-Market with Fresh 5 Year Lease

The Details 

Location: Perth, WA

Type: Off Market Commercial

Purchase Price: $340,000

Net Rent: $23,000

Net Yield: 6.8%

Cashflow: $15,130per year (70% loan @ 4.75%):

Lease: year lease

Total area: 160sqm

Why we love this property

Brand new 5-year lease freshly signed

Great depreciation

Due to strong relations able to secure this prior to going to market

Value add opportunity down the track to increase cashflow

High truss suitable for a variety of future tenants