Multi-Tenanted, High Yielding Industrial
With Expected Rental Uplift

The Details

Location: Perth, WA

Type: Freehold multi-tenanted industrial

Purchase Price: $1,450,000

Net Rent: $95,210

Net Yield: 6.57%

Cashflow: $23,522 (70% loan at 6.5%)

Total Return Including Capital Gains: (cashflow + 6% growth)$110,522

Total area: 1,489sqm on 3,981 sqm block

WHY WE LOVE THIS PROPERTY:

Multiple income streams

Long-term existing tenants

Single land holding

Ability to knock down and redevelop

Value add opportunity with a 13% rental uplift