Fresh Fitted-Out Warehouse and Office Space
With Stable Medical Tenant

The Details

Location: Perth, WA

Type: Office and Industrial

Purchase Price: $1,050,000

Net Rent: $64,200

Net Yield: 6.11%

Cashflow: $14,573 (70% loan at 6.5%)

Total Return Including Capital Gains:  (cashflow + 6% growth) $77,573

Lease: 5 ± 3 years lease 

Total area: 314 sqm 

WHY WE LOVE THIS PROPERTY:

Long tenancy history, occupied for 22 years 

Located in a tightly held Commercial Precinct

Substantially fitted out 

Comprises a reception area, board room, display room, 6 spaciously portioned offices, server room and a large warehouse with roller door access.