Free-standing, Multi National Tenanted Investment in Major Growth Corridor
The Details
Location: Perth, WA
Type: Off Market Commercial
Purchase Price: $3,412,500
Net Rent: $226,167
Net Yield: 6.63%
Cashflow: $88,739 per year (70% loan @ 5.5%)
Total area: 1742 sqm of net lettable area on a 3,255 sqm freehold land allotment
Why we love this property
Freehold Commercial Service Centre, in a rapidly growing area in Perth's North.
All on LONG leases
Amazing exposure to traffic
Multi-tenancy opportunity with two anchor tenants Woolworths BWS and Caltex
Property has been purpose built for the growing population in the suburb
Diversified and substantial holding income stream, Service station , Retail , and Telecommunication