Sub $600k Free-Standing Industrial with Value-Add Potential

The Details

Location: Perth, WA

Type: Off-Market Commercial Industrial Warehouse

Purchase Price: $550,000

Net Yield: 6.55 %

Cashflow: $12,535 (70% loan at 6.5%)

Lease: new 3 year lease with two 3-year renewal options available, taking the total lease term out till June 2031

Total Area: 486 sqm buildings, 1,125 sqm land

WHY WE LOVE THIS PROPERTY:

Unique free standing industrial investment opportunity

Great street exposure and strong asset versatility

Large land component

High net yield return

Strong lease and options with long-term tenant