Long-Term White Collar Tenant in High-Yield, Premium Retail/Office

The Details

Location: Perth, WA

Type: Commercial

Purchase Price: $480,000

Net Yield: 7.88%

Cashflow: $17,761 (70% loan at 6.5%)

Lease: New 5-year lease and 5-year renewal option

Total Area: 120 sqm

WHY WE LOVE THIS PROPERTY:

Long-term white collar tenant (21 years)

Rare opportunity to invest in high quality property with retail or office use

Ample parking, prominent frontage and exposure, versatile asset type, tightly held area

15 minutes away from Perth CBD