OFF MARKET OPPORTUNITY WITH A 5.68% RETURN

The Details

Location: Perth, WA

Type: Off Market Commercial

Purchase Price: $950,000

Net Rent: $54,000

Net Yield: 5.68%

Cashflow: $24,253 per year (70% loan @ 4.75%)

Lease: Fresh 3 years lease with 4 x 3 year options

Total area: 486 sqm

Strong tenant occupied since 2019 and signed a brand new 3 year lease with 4 x 3 years options

Due to strong relations able to secure this prior to going to market

Exceptional location at less than 25 minutes from Perth CBD with easy access to the new Northlink motorway