Established Cafe in Popular Location
With Four Year Lease
The Details
Location: Perth, WA
Type: Food retail/cafe
Purchase Price: $685,000
Net Rent: $42,360 + Outgoings + GST
Net Yield: 6.18%
Cashflow: $8,651
Total Return Including Capital Gains: (cashflow + 6% growth) $49,751
Lease: Brand new 4 year lease
Total area: Building Size: 128 sqm
WHY WE LOVE THIS PROPERTY:
Popular location, within a local business and retail precinct
High foot traffic frontage
4 personal car bays assigned to the lot