SECURE RETAIL IN BUSTLING SUBURBAN COMPLEX

The Details

Location: Perth, WA

Type: Commercial

Purchase Price: $510,000

Net Rent: 29,500

Net Yield: 5.8%

Cashflow: $19,500 per year (70% loan @ 2.5%):

Lease: 5 years + 5 year option

Total Area: 80m2

Excellent exposure in a very busy retail complex

Variety of tenants including Aus Post, IGA, Pharmacy and Medical Centre

The tenant has been in place since 2012 and plans to stay until at least 2030!!

Open plan property which will suit several future businesses

An abundance of parking in the complex

Great yield with built-in increases to increase cash flow