Strong Returns Flow from Free Standing Industrial Property with Long-Term Lease
The Details
Location: Perth, WA
Type: Off Market Retail
Purchase Price: $2,400,000
Net Rent: $153,000
Net Yield: 6.38%
Cashflow: $40,680 (70% loan at 6.5% rate)
Lease: 5 year lease with options two 5-year renewals
Total area: 902m2
Why we love this property
Unique free standing industrial investment opportunity
Great street exposure and strong asset versatility
Property is located just 10kms from Perth CBD and 12 km from Perth airport
Solid long-term tenant with strong yearly revenue
Brand new long lease plus renewal options