Medical Centre with Brand New 5-Year Lease

The Details

Location: Perth, WA

Type: Medical

Purchase Price: $375,000

Net Rent: $22,311

Net Yield: 5.95%

Cashflow: $5,910 (70% loan at 6.5%)

Total Return Including Capital Gains:  (cashflow + 6% growth) $28,410

Lease: New 5-year lease

Total area: 67 sqm

WHY WE LOVE THIS PROPERTY:

Situated within a popular Medical district

Ample parking located in the complex

External signage visibility 

Great accessibility to major motorways