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140-150 South St 2,049 SF 100% Leased Retail Building Perth PH2 8PA $652,070 CAD ($318.24 CAD/SF) 13.25% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Prime Location.

EXECUTIVE SUMMARY

Excellent investment opportunity located within central Perth. Price represents a net initial yield of 13.25 %.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
2,049 SF
Building Class
B
Year Built
1898
Price
$652,070 CAD
Price Per SF
$318.24 CAD
Cap Rate
13.25%
NOI
$86,399 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.91
Lot Size
0.05 AC
Frontage
56’ on South Street

AMENITIES

  • Storage Space

NEARBY MAJOR RETAILERS

Bakers + Baristas
Costa Coffee
Starbucks
YMCA
Sainsbury's
Virgin Money
Bank Of Scotland
Santander
Co-op
The Gym Group
  • Listing ID: 24953206

  • Date on Market: 2022-02-01

  • Last Updated:

  • Address: 140-150 South St, Perth PH2 8PA

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