long term international tenant in amazing location with dual street exposure

The Details

Location: Perth, WA

Type: Commercial

Purchase Price: $760,000

Net Rent: $59,000

Net Yield: 7.76 %

Cashflow: $25,060 (70% loan at 6.5%)

Lease: New 2 year lease + 2 year optional 

Total area: 236 SQM

WHY WE LOVE THIS PROPERTY:

Amazing location exposure

Strong successful suburban complex

Net lease

Best street frontage location with strong passing traffic

Plenty of parking!