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Investment Highlights

  • Investment opportunity
  • On street car parking is available on North Methven Street
  • Three storey, attic and basement tenement building

Executive Summary

The subjects are prominently located on the busy North Methven Street within the centre of Perth. Surrounding occupiers comprise a mix of local retailers, whilst on street car parking is available on North Methven Street.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 17
  • 988 SF
  • Retail
  • $121,078 CAD ($122.55 CAD/SF)
  • $16,834.45 CAD
Sale Type Investment
Cap Rate 13.90%
Tenure Freehold
Description
The property comprises a ground floor retail area trading as a wool shop with internal steps leading to basement storage and WC.
Sale Notes
Inviting offers of £65,000 which represents a Net Initial Yield of 12.05%
Unit Unit Size Condo Use Price NOI
Unit 17 988 SF Retail $121,078 CAD ($122.55 CAD/SF) $16,834.45 CAD

Unit 17

Unit Size
988 SF
Condo Use
Retail
Price
$121,078 CAD ($122.55 CAD/SF)
NOI
$16,834.45 CAD

Unit 17

Unit Size 988 SF
Condo Use Retail
Price $121,078 CAD ($122.55 CAD/SF)
NOI $16,834.45 CAD
Sale Type Investment
Cap Rate 13.90%
Tenure Freehold
Description
The property comprises a ground floor retail area trading as a wool shop with internal steps leading to basement storage and WC.</li></ul>
Sale Notes
Inviting offers of &#163;65,000 which represents a Net Initial Yield of 12.05%</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 5,000 SF
Property Type Retail (Condo)
Floors 2
Typical Floor Size 2,500 SF
Year Built 1990
Tenancy Single
Lot Size 0.06 AC

Amenities

  • 24 Hour Access

Nearby Major Retailers

Bakers + Baristas
Costa Coffee
Starbucks
Sainsbury's
Virgin Money
Bank Of Scotland
Santander
Co-op
Caffè Nero
énergie Fitness
  • Listing ID: 33205127

  • Date on Market: 2024-09-17

  • Last Updated:

  • Address: 17 North Methven St, Perth PH1 5PN

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