Perth Office/Warehouse With Two Tenants

The Details

Location: Perth, WA

Type: Office / Warehouse

Purchase Price: $4,300,000

Net Rent: $262,650

Net Yield: 6.11%

Cashflow: $55,868 70% loan at 6.5%)

Total Return Including Capital Gains: (cashflow + 6% growth) $270,868

Lease: 4 and 5 year leases

Total area: 1,761 sqm

What we like about this property:

Partitioned & open-plan areas

2 units and 2 tenancies

Annual fixed rental increases

High-truss warehouse with a very functional layout