Goldmine Unearthed: Rare Find Offers Sky-High Returns with Low Initial Investment

The Details

Location: Fremantle, WA

Type: Commercial

Purchase Price: $175,000

Net Rent: $12,732

Net Yield: 7.28%

Cashflow: $7,500 per year (70% loan @ 5.5%)

Lease: 3 years lease with 2 x 1 year options

Total area: 75 sqm

High foot traffic for retail complex

Immaculate fit-out completed by Tenant

Great access to Perth while being located in a busy outer suburbs of Fremantle

Strong tenant interview - business doing very well with plans for another salon in the near future

Originally presented off-market at offers above $200k, secured for $25k below market value!

Booming residential suburb which will flow through to commercial property values