FULLY REFURBISHED FACTORY

The Details

Location: Perth, WA

Type: Off-market Commercial

Purchase Price: $680,000

Net Rent: $37,500

Net Yield: 5.5%

Cashflow: $24,100 per year (70% loan @ 2.5%):

Lease: Fresh 3 + 3-year lease

Floor Space: 249m2 ground with 145m2 mezzanine

Why we love this property

Fresh 3-year lease

Immaculate building and pest report

Minimal comparable sales, meaning future capital growth prospects and rent increases

Very versatile premises for potential future tenants

Great parking allocations for a smaller unit