Dual Access Industrial Space
in Prominent Location
The Details
Location: Perth, WA
Type: Industrial with office
Purchase Price: $1,950,000
Net Rent: $115,000
Net Yield: 5.9%
Cashflow: $19,375 (70% LVR @ 6.5% interest)
Total Return Including Capital Gains: (cashflow + 6% growth) $136,375
WHY WE LOVE THIS PROPERTY:
Dual driveway access with double gates
Dual roller doors
Prominent location
Refurbished office space
Potential to split tenancies in the future