High-Quality Warehouse in Excellent Condition

The Details

Location: Perth, WA

Type: Warehouse/Office

Purchase Price: $1,980,000

Net Rent: $118,800 + Out + GST

Net Yield: 6%

Cashflow: $24,582 (70% loan at 6.5%)

Total Return Including Capital Gains: (cashflow + 6% growth) $143,382

Lease: 3 years + options

Total area: 792sqm

WHY WE LOVE THIS PROPERTY:

High truss (7 metres)

15 car bays (2 undercover)

Massive internal floor space allowing up to 20 to 40ft containers