Adaptable Space, Bulletproof Tenant - Investment Built to Last

The Details

Location: Perth , WA

Type: Off Market Commercial Retail

Purchase Price: $875,000

Net Yield: 6.82 %

Cashflow: $20,500 (70% loan at 6.5%)

Lease: New 3-year lease with a 3-year renewal option.

Total Area: 221 sqm

WHY WE LOVE THIS PROPERTY:

Strong successful complex

New tenant operates recession proof business

All four units strata titled – ability to sell off separately, or tenant separately at a later point

Street facing retail with great signage exposure