High Yielding Investment with a National Tenant

The Details

Location: Perth, WA

Type: Off Market Commercial

Purchase Price: $1,650,000

Net Rent: $127,500

Net Yield: 7.7%

Cashflow: $62,000 per year (70% loan @ 5.5%)

Lease: 2 years remaining of an 8 year lease

Total area: 325 sqm

Long standing national tenant

Versatile property located within a very busy retail precinct

High profile location with over 50,000 vehicles passing daily

High yielding which is great to offset current interest rate rises

Negotiated for well below asking price

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