Twice the Tenants, Twice the Earnings! Long-Term Leases in Booming Area

The Details

Location: Perth, WA

Type: Commercial

Purchase Price: $1,580,000

Net Yield: 6.01%

Cashflow: $23,310 (70% loan at 6.5%)

Lease: Both tenants have signed a new 3-year lease + a 2-year renewal option

Total Area: 470 sqm strata area (350 sqm warehouse and 120 sqm office)

WHY WE LOVE THIS PROPERTY:

Long-term tenants

One of the most strategically located and highly sought after industrial precincts

Multi -Tenanted

Two-level showroom/office with main road pylon signage