Off-Market Steal! Entry-Level Cracker with GREAT Returns
The Details
Location: Perth, WA
Type: Off-Market Retail
Purchase Price: $145,000
Net Yield: 6.90 %
Cashflow: $6,003 (70% loan at 6.5%)
Lease: new 3-year lease with three 3-year renewal options
Total Area: 71 sqm
WHY WE LOVE THIS PROPERTY:
Established speciality business in the area
New lease with long term renewal options
Great return on investment
Versatile space