Dream Retail Location Makes It Easy Success For Hospitality Hotspot
The Details
Location: Perth, WA
Type: Commercial
Purchase Price: $1,500,000
Net Rent: $89,073
Net Yield: 5.94%
Cashflow: $20,260 (70% loan at 6.5%)
Lease: 6 year lease
Total area: 178 SQM
WHY WE LOVE THIS PROPERTY:
High foot traffic location
Corner property with two street exposure
Tenant to completed expensive fit out, locking them to the location long term
Centrally located in booming Fremantle.