02/06/2026
๐ JUST ACQUIRED
What we liked about this deal:
โ Ground floor with direct street frontage
โ Six parking spaces plus basement storage
โ Government tenant in place since 2012
โ Options in lease until 2037!
โ Quality tenant mix within the complex
Deal Snapshot
๐ Location: Perth, WA
๐ข Type: Office
๐ฐ Purchase Price: $645,000
๐ต Net Rent: $34,153.40
๐ Net Yield: 5.3%
๐ธ Cashflow (at 70% LVR, 6.5% interest): $4,806
๐ Total Return (incl. 6% growth): $43,506
๐งฑ Total Area: 186 sqm
๐ Lease Details: Third option executed: 1 Dec 2025โ30 Nov 2029 at $260/sqm p.a.; further options to 2033 and 2037. Annual 3.5% fixed increases
Thinking of adding something like this to your portfolio?
Send us a DM ๐