Entry Level Strata Retail Property with
Strong Rental Yield on Long Lease

The Details

Location: Perth, WA

Type: Off Market Commercial

Purchase Price: $350,000

Net Rent: $22,000

Net Yield: 6.28%

Cashflow: $7,250 (70% loan at 6.5%)

Lease: NEW 2 year lease with 1 x 3 year and 1 x 5 yearr renewal options - taking this tenancy out to potentially 2032!

Total area: 69sqm

Retail complex with high foot traffic

Strong new lease

Tenant to complete fit out

Excellent signage on corner block

Affordable purchase price with versatility for future use

Negotiated lease with new tenant and subsequent purchase off market
through local agent connections