Reliable Tenant Situated in Perth's Rapidly Developing Northern Corridor
The Details
Location: Perth, WA
Type: Off Market Commercial
Purchase Price: $1,025,000
Net Rent: $64,000
Net Yield: 6.25%
Cashflow: $25,000 per year (70% loan @ 5.5%)
Lease: 3 years remaining of a 5 year lease
Total area: 250 sqm
Why we love this property
Tenant has been at this location since the property was built in 2007
Located within Perth’s northern growth corridor
Front facing unit with excellent exposure
Ample shared parking in a busy complex
Solar panels on the roof which will also benefit future tenants
Secured exclusively off market through our excellent relationship with local agents