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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.
Property Facts
| Total Building Size | 5,000 SF | Year Built | 1990 |
| Property Type | Retail (Condo) | Tenancy | Single |
| Floors | 2 | Lot Size | 0.06 AC |
| Typical Floor Size | 2,500 SF |
| 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
1 Unit Available
Unit 17
| Unit Size | 988 SF | Sale Type | Investment |
| Price | $102,064 | Tenure | Freehold |
| Price Per SF | $103.30 | Cap Rate | 12.05% |
| Condo Use | Retail | NOI | $12,298.76 |
| Unit Size | 988 SF |
| Price | $102,064 |
| Price Per SF | $103.30 |
| Condo Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Cap Rate | 12.05% |
| NOI | $12,298.76 |
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 £75,000 which represents a Net Initial Yield of 12.05%
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Nearby Major Retailers
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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17 North Methven St
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