High Yielding Retail Investment
With a Long Term Lease

The Details

Location: Perth, WA

Type: Ground floor retail

Purchase Price: $445,000

Net Rent: $30,000 + GST + Outgoings. Rent soon after settlement
$31,050 + GST + Outgoings

Net Yield: 6.98%

Cashflow: $8,940

Total Return Including Capital Gains: Lease: (cashflow + 6% growth) $35,640

Lease: 3 + 3 year

Total area: Total area of 89sqm Strata Lot. The building consists of a 76sqm shop

WHY WE LOVE THIS PROPERTY:

Long term tenant

High quality fit out locking the tenant to this location long term

Exceptional ground floor positioning

Includes reception area, consulting rooms, bathroom and shower