Low Entry Point Commercial in Tightly Held Perth Region
The Details
Location: Perth WA
Type: Off Market Commercial
Purchase Price: $400,000
Net Rent: $21,460
Net Yield: 5.3%
Cashflow: $12,302 per year (70% loan @ 4.75%):
Lease: 5 years + 3 + 2 year option
Total Area: 254sqm
Warehouse: 180sqm + 33sqm Mezzanine storage
Office: 21sqm (Ground floor) + 20sqm (first floor)
Why we love this property
Versatile investment that would appeal to a multitude of tenants in the future
Rent well below market allowing opportunity to significantly increase the yield at the end of the lease and manufacture equity
Major infrastructure projects planned within close proximity, fantastic for long term and sustainable growth
Secure gated complex