TULLAMARINE VIC 3043

This is a Unique opportunity to own part of an established modern undercover car park with CCTV, high security, right on the edge of the Airport, to participate in a business that has enjoyed substantial growth every year and is forecast to grow 4% next year.  
The car park which is located adjacent to the newly open 4 ½ star Mantra Hotel and Convention Centre on Melrose Drive Tullamarine is currently providing a 7 1/2% return. The carpark provides both long term and short term secure parking with a dedicated free shuttle bus service to the airport terminal every 4 to 5 minutes.  
Running at 75% capacity, this car parking facility is an excellent long-term business. Currently earning 7.5 %, we are confident that this will only grow in the years to come.  
Parking is a commodity in demand at Melbourne Airport. With an expanding facility, demand on parking will increase. This is your chance to be part of growth associated with Melbourne Airport for only $47,000 per space.