This article is from the Australian Property Journal archive
A COMMERCIAL investment property at Gosnells in Perth's south-east has sold for $1.24 million on a 6.44% yield.
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The fully leased freehold at 2223-2225 Albany Highway Gosnells was sold by Ray White’s Michael Fitzgerald and John Perrett.
The property comprises a 341 sqm building on a land area of 1,350 sqm and currently generates net rental income of approximately $80,000 p.a. from five tenancies include a real estate agency, a travel office, a hairdressing salon and professional service firms.
Perrett said there are five car bays at the front of the property while are the rear there is a large car parking area of approximately 620 sqm.
Australian Property Journal
