Unique Dual Retail With National Long Term Tenant

The Details

Location: Perth, WA

Type: Off Market Retail

Purchase Price: $570,000

Net Rent: $32,700

Net Yield: 5.73%

Cashflow: $11,500 (70% loan at 6.5%)

Lease: 5 year lease with renewal options until 2030

Total area: 60sqm each (120sqm all together)

The property faces the street, great signage exposure

Long term national tenant

Ability to split and strata title each shop and sell off at a later date

Bonus solar panels on the roof

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