National Recession Proof Tenant
in Blue Chip Location

The Details

Location: Perth, WA

Type: Off Market Commercial

Purchase Price: $1,080,000

Net Rent: $63,339 + GST + Outgoing

Net Yield: 5.8% currently and 6.3% net at next CPI review in one month

Cashflow: $16,750 (70% Loan at 6.5%) and $21,000 next month

Lease: 3 year lease expiring 2024 with 2 x 3 year renewal options

Total area: 96m2

Recession proof tenant who has been at this location for 20 years

Excellent foot traffic in busy complex

Highly sort after suburb

Expensive fit out with tenant unlikely to leave

Ample parking within the complex

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