International Tenant on a 10 Year Lease in Prime Industrial Suburb

The Details

Location: Perth, WA

Type: Off Market Commercial

Purchase Price: $3,700,000

Net Rent: $250,000

Net Yield: 6.76%

Cashflow: $190,000 per year (70% loan @ 2.5%):

Lease: 10 years + 2 x 5 year options until 2039

Net Leasable Area: 1,800m2

Land Size: 3,350m2

Secured off market due to our relationship with a local agent

Property comes with a 10T Gantry Crane

Tilt panel building with higher than standard clearances, built to a very high standard

Functional on-site building improvements totalling 1,750 sqm

Tenant also leases adjacent property, increasing security

Fantastic layout with office space, showroom and warehouse with huge clearances and multiple roller doors