NATIONAL RECESSION-PROOF TENANT WITH A 10 YEAR LEASE
The Details
Location: Perth CBD, WA
Type: Commercial
Purchase Price: $2,000,000
Net Rent: $115,000
Net Yield: 5.75%
Cashflow: $70,000 per year (70% loan @ 2.5%):
Lease: Brand NEW 10 yr lease with 2 x 5 yr options
Land Area: 2450m2
Warehouse: 950m2
Why we love this property
National and recession-proof tenant!
10-year lease
High exposure location and next door to a car dealership
Huge landholding with the ability to increase leasable area
Secured due to our relationship with local agents