From Community Icon to Profit-Making Phenomenon
The Details
Location: Central Coast , NSW
Type: Retail
Purchase Price: $950,000
Net Rent: $62,400
Net Yield: 6.43%
Cashflow: $19,679 (70% loan at 6.5%)
Lease: New 5 year lease with two 5 year renewal options .
Total area: 124 sqm
Why we love this property
The property faces the street, which gives it great signage exposure
Long term national tenant
Ability to split and strata title each shop to sell off at a later date
Bonus solar panels on the roof