Large Warehouse With Blue Chip Tenant

The Details

Location: Perth, WA

Type: Industrial with office

Purchase Price: $1,160,000

Net Rent: $67.067

Net Yield: 5.59%

Cashflow: $8,443 (70% loan at 6.5%)

Total Return Including Capital Gains:  (cashflow + 6% growth) $80,443

Lease: Current lease ends November 2025 + 4 x 3 year options

Total area: 444 sqm


WHY WE LOVE THIS PROPERTY:

National tenant that has over 200 stores around Australia 

New mezzanine 

Located in a central industrial precinct 

On site car parking