Office/Warehouse in Central Location

The Details

Location: Perth, WA

Type: Office/warehouse

Purchase Price: $1,050,000

Net Rent: $50,000

Net Yield: 4.76%

Cashflow: $2,225 (70% loan at 6.5%)

Total Return Including Capital Gains: (cashflow + 6% growth) $62,225

Lease: Brand new 3 + 3 years

Total area: 515m2 floor space

WHY WE LOVE THIS PROPERTY:

Close proximity to Tonkin Highway

Modern external design and high-quality finishes

8 car bays

Extremely High Truss Warehouse (8.5 metres)