Freehold Retail/Medical Space with
Future Uplift Potential
The Details
Location: Perth, WA
Type: Retail/Medical
Purchase Price: $1,150,000
Net Rent: $61,240
Net Yield: 5.33%
Cashflow: $8,915 70% loan at 6.5%)
Total Return Including Capital Gains: (cashflow + 6% growth) $77,915
Lease: 5 + 5 years
Total area: 224 sqm
What we like about this property:
FUTURE UPLIFT BY ADDING TENANT TO 6.67% YIELD
FREEHOLD ASSET
Within walking distance of Large Central Shopping Centre