High-yielding Retail Investment

The Details

Location: Canberra, ACT

Type: Strata Retail

Purchase Price: $895,000

Net Rent: $67,273

Net Yield: 6.46%

Cashflow: $15,047 (70% loan at 6.5%)

Total Return Including Capital Gains:  (cashflow + 6% growth) $68,747

Lease: Current 5 year lease

Total area: 69 sqm

WHY WE LOVE THIS PROPERTY:

No stamp duty and no land tax 

Situated in a mixed-use development

Located in a high-traffic area

Impressive yield