Office/Medical Space with
Secure Government Tenant

The Details

Location: Perth, WA

Type: Office/Medical

Purchase Price: $1,126,000

Net Rent: $76,103

Net Yield: 6.76%

Cashflow: $22,304 70% loan at 6.5%)

Total Return Including Capital Gains:  (cashflow + 6% growth) $89,864

Lease: Tenant has occupied this space since 2014 and has extended another 2.5 year option

Total area: 325 sqm

What we like about this property: 

Dual entrance and will suit multiple uses (Subject to Council Approval)

Amenities such as kitchenette, pantry area and staff bathroom. 

Securely leased to a government tenant