EXCELLENT MAIN ROAD EXPOSURE!!!!

The Details

Location: Perth, WA

Type: Off Market Commercial

Purchase Price: $529,000

Net Rent: $34,000

Net Yield: 6.4 %

Cashflow: $11,200 per year (70% loan @ 4.5%)

Lease: 3 x 3 years lease (up to 2030)

Showroom: 263sqm*

Leased to a proven tenant established since 1982

Solid tenant with little impact from COVID19

Secured under asking price off market

High quality premises in a prime location

Zero maintenance costs