Yield + Stability: Recession-Proof Tenant Makes Retail Space Investment Shine
The Details
Location: Perth, WA
Type: Retail
Purchase Price: $165,000
Net Rent: $16,000
Net Yield: 9.70%
Cashflow: $8,265 (70% loan at 6.5% interest)
Lease: New 2-year lease
Total area: 80 sqm
Why we love this property
Strong successful suburban complex
Tenant operates recession proof business
Mixed use retail office
Strata titled, strong suburban complex
High yield