Exclusive Off Market Listing! Retail Complex with Rental Upside Potential & 3 Recession-Resilient National Anchor Tenants

The Details

Location: Perth, WA

Type: Off Market Retail

Purchase Price: $8,500,000

Net Yield: 6.98 %

Cashflow: $185,556 (70% loan at 6.5%)

Lease: THREE Anchor Tenants with 10 + 10 year leases , smaller retailers minimum 5 year + 5 year option

Total Area: 2103 sqm

WHY WE LOVE THIS PROPERTY:

Anchor Tenants accounts for 75 % of annual net income - IGA, Cellarbrations and Pharmacy!

Newly Renovated complex in premium condition

Multi tenancy with varying leases offering secure income

THREE anchor and national tenants

Established long-term tenants with new long-term lease agreements with good renewal options

Location has great street exposure for tenants