Reliable Tenant Situated in Perth's Rapidly Developing Northern Corridor

The Details

Location: Perth, WA

Type: Off Market Commercial

Purchase Price: $1,025,000

Net Rent: $64,000

Net Yield: 6.25%

Cashflow: $25,000 per year (70% loan @ 5.5%)

Lease: 3 years remaining of a 5 year lease 

Total area: 250 sqm 

 

Why we love this property

Tenant has been at this location since the property was built in 2007

Located within Perth’s northern growth corridor

Front facing unit with excellent exposure

Ample shared parking in a busy complex

Solar panels on the roof which will also benefit future tenants

Secured exclusively off market through our excellent relationship with local agents