Free-standing, Multi National Tenanted Investment in Major Growth Corridor

The Details

Location: Perth, WA

Type: Off-market Commercial

Purchase Price: $3,412,500

Net Rent: $226,167

Net Yield: 6.63%

Cashflow: $88,739 per year (70% loan @ 5.5%)

Total area: 1742 sqm of net lettable area on a 3,255 sqm freehold land allotment

WHY WE LOVE THIS PROPERTY:

Freehold Commercial Service Centre, in a rapidly growing area in Perth's North.

All on LONG leases

Amazing exposure to traffic

Multi-tenancy opportunity with two anchor tenants Woolworths BWS and Caltex

Property has been purpose built for the growing population in the suburb

Diversified and substantial holding income stream, Service station , Retail , and Telecommunication