Iconic Retail Space Thrives with Diverse,
Long-Term Occupants
The Details
Location: Perth,WA
Type: Tilt panel warehouse/showroom with mezzanine
Purchase Price: $1,040,000
Net Rent: $64,000
Net Yield: 6.27%
Cashflow: $15,030 (70% loan at 6.5%)
Lease: 3 year lease remaining with a 5 year renewal option.
Building area: 246 sqm + 56 sqm mezzanine
Why we love this property
Rare opportunity to invest in the tightly held precinct of Ellenbrook
Well established tenants who have occupied the same premise since 2007
Power efficient with solar panels
A unique pocket of commercial space in the satellite hub of Ellenbrook