High Exposure Medical/Commercial Property in Busy Neighbourhood Shopping Centre

The Details

Location: Perth CBD WA

Type: Off Market Commercial

Purchase Price: $470,000

Net Rent: $26,500

Net Yield: 5.64%

Cashflow: $9,813 per year (70% loan @ 4.75%)

Lease: 3 years lease with a further 2 year option, plus 5% rental increases

Total area: 114sqm

Strong tenant with fixed 5% rental increases

Incredibly located in a shopping centre

Excellent exposure in the mental health huge growth sector

High performance complex