Modern Retail Shop in Prime Location 

The Details

Location: Canberra, ACT

Type: Retail

Purchase Price: $650,000

Net Rent: $40,000

Net Yield: 6.15%

Cashflow: $10,025(70% loan at 6.5%)

Total Return Including Capital Gains:  (cashflow + 6% growth) $49,025

Lease: Brand new 5 + 5 year lease

Total area: 96 sqm.

What we like about this property: 

Located near Bunnings and Officeworks 

Access to dual grease arrestors and gas.

Nestled within a mixed-use development with over 600 residential apartments providing a steady stream of consumers.