Acquisition of premium retail investment, secured off-market
Rethink Investing is thrilled to announce the successful off-market acquisition of a premium retail property in Western Australia, tailored to meet our client’s investment objectives.
Our team evaluates hundreds of off-market opportunities each week, meticulously selecting only the top 1% to present to our clients. Investments like this are highly sought after for their security, income diversity, strong yields, capital growth potential, and long-term upside.
This standout property spans an impressive 3,005 square metres, with a total net lettable area of 943 square metres. It boasts eight fully leased tenancies, delivering a reliable and attractive income stream.
With an annual income of $365,000, secured through robust lease agreements that include annual CPI increases, this acquisition guarantees ongoing growth and stability for our client.
report, bank fees)
Purchasing Costs
Key Highlights
- Retail Building
- Land Area - 3,005 square meters
- Net Lettable Area – 943 square meters
- 8 tenancies – 8 leased
- 51 car-bays including disabled
- Lease for vacancy will generate $29,000 per annum
- Net income - $365,000 per annum after all outgoings.
- Annual Rental Increases – CPI, 3% & 4% pa depending on the lease
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