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%)

Total Return Including Capital Gains: (cashflow + 6% growth) $121,683

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 a large gantry crane

Main Road Signage Exposure

20 years tenancy

20 minutes away from Perth CBD