High-Quality Retail and Warehouse
The Details
Location: Perth, WA
Type: Retail and Warehouse
Purchase Price: $1,320,000
Net Rent: $82,343
Net Yield: 6.24%
Cashflow: $20,166 70% loan at 6.5%)
Total Return Including Capital Gains: (cashflow + 6% growth) $86,166
Lease: 3-year lease with 2-year option
Total area: 396 sqm
What we like about this property:
Water corp. approved grease trap
Has rear roller door access
16 sqm loading dock / storage area