Excellent Entry-Level Retail
Investment With Long-Term Tenants
The Details
Location: Inner West, NSW
Type: Retail
Purchase Price: $310,000
Net Rent: $18,585
Net Yield: 6%
Cashflow: $3,365 (70% loan at 6.5%)
Total Return Including Capital Gains: (cashflow + 6% growth) $21,965
Lease: 5 + 5 year lease
Total area: 29 sqm
WHY WE LOVE THIS PROPERTY:
Great for SMSFs
Long term tenant
Good frontage
Dedicated car space and parking
Great location in the heart of a local residential catchment