Strong Returns Flow from Free Standing Industrial Property with Long-Term Lease

The Details

Location: Perth, WA

Type: Off Market Retail

Purchase Price: $2,400,000

Net Rent: $153,000

Net Yield: 6.38%

Cashflow: $40,680 (70% loan at 6.5% rate)

Lease: 5 year lease with options two 5-year renewals

Total area: 902m2

Why we love this property

Unique free standing industrial investment opportunity

Great street exposure and strong asset versatility

Property is located just 10kms from Perth CBD and 12 km from Perth airport

Solid long-term tenant with strong yearly revenue

Brand new long lease plus renewal options