Versatile Industrial Property Near
the Airport and CBD
The Details
Location: Perth, WA
Type: Off Market Commercial
Purchase Price: $600,000
Net Rent: $36,000
Net Yield: 6%
Cashflow: $10,500 (70% loan at 6.5%)
Lease: Brand new 3 year lease with a 3 year renewal option
Total area: 220sqm
Secured yard size: 155 sqm rear yard
Why we love this property
Close to the CBD and airport
Well established tenant
Bonus rear storage yard
Brand new lease