High Yielding Industrial Asset with Long Term Tenant

The Details

Location: Perth, WA

Type: Commercial

Purchase Price: $1,585,000

Net Rent: $105,000

Net Yield: 6.62%

Cashflow: $33,683 (70% loan at 6.5%)

Lease: New 3 year lease with 3 year option 

Total area: 950 SQM 

WHY WE LOVE THIS PROPERTY:

Substantial power upgrades to the building to facilitate large gantry crane

Main Road Signage Exposure

The property has been occupied by the same tenant since 2005 (approx)

11KM from Perth CBD