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Purchased
Premium Off-Market Retail Investment in Western Australia
A premium retail investment in Western Australia, secured off-market, delivering outstanding opportunities for our client:
• Land Area: 3,005m² with a Net Lettable Area of 943m².
• Tenancies: Fully leased across 8 tenancies, ensuring stable income.
• Net Income: $365,000 p.a., with additional potential of $29,000 from filling one vacancy.
• Annual Rental Increases: CPI, 3%, and 4%, depending on lease terms.
• Amenities: 51 car bays, including disabled parking.
This high-yield property exemplifies secure and diverse income, offering long-term growth potential in a thriving market.
Purchase Details
Asking Price
5800000
Purchase Price
5075000
Deposit (assuming
65
% debt)
1776250
Stamp Duty
253903.6
Building Report*
1500
Solicitor Cost*
9000
Valuation*
5000
Other Fees* (Depreciation
report, bank fees)
report, bank fees)
111067.5
Total Cash Required
2156721.1
Purchase Price + Purchasing Cost
5445471.1
Net Annual Cash Flow Return
697000
Net Yield on Property
7.19
%
Net Yield Accounting for
Purchasing Costs
Purchasing Costs
6.69
%
Cash-OnCash Returns
Deposit Needed =
% + Costs
2156721.1
Cost of Loan
(Assume
6.25
% pa on
65
% debt)
206171.88
Return of Equity
(Pure cash flow return)
7.36
%
Return of Equity with a
5% Capital Growth Rate:
19.13
%
Return of Equity with a
7% Capital Growth Rate:
23.84
%
Return of Equity
10% Capital Growth Rate:
30.9
%
*approximate number
Key Highlights
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