Modern Well-Equipped Industrial Unit in Perth CBD
The Details
Location: Perth, WA
Type: Off Market Commercial
Purchase Price: $410,000
Net Rent: $25,400
Net Yield: 6.2%
Cashflow: $10,752 per year (70% loan @ 4.75%)
Lease: 5 years plus 3 months lease term, with 3 x 2 years options
Total area: 254 sqm
Why we love this property
Identified sustainable growth area with major government funding for infrastructure projects
Opportunity for substantial increase in yield on exercise of option
Great industrial portfolio in a well-positioned area just 20 minutes away from Perth CBD