Multi-tenanted Warehouse
in Strategic, Central Location
The Details
Location: Perth, WA
Type: Industrial
Purchase Price: $2,300,00
Net Rent: $137,000
Net Yield: 5.96%
Cashflow: $33,350 (70% loan at 6.5%)
Total Return Including Capital Gains: (cashflow + 6% growth) $171,350
Lease: 2 Tenants - Brand new 3x3 (Lease 1) and Brand new 5x5 (Lease 2)
Total area: 994 sqm
What we like about this property:
Warehouse has an automated roller door access with remote control operation giving direct access into the warehouse.
Highly strategic location near Perth CBD and Perth Airport within unbeatable proximity
Purchased below market value