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Car Park/517-537 Flinders Lane
Melbourne VIC 3000
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Sold on 24 May 2013

Car Park/517-537 Flinders Lane Melbourne VIC 3000

  • Offices
  • 4,000 m²
  • Sold, $20,000,000

Rare CBD Car Park Investment

  • Modern car park of 106 bays over 2 level
  • Managed by Wilson Parking
  • Current Net Income: $385,667* per annum

For Sale by Expressions of Interest closing Wednesday 15 May at 2pm

Prized CBD Car Park with Significant Upside Potential

- Modern car park of 106 bays over 2 levels
- Managed by Wilson Parking
- Current Net Income: $385,667* per annum
- Well performing with strong income growth potential
- Modern building with significant depreciation benefits
- Exceptional CBD location surrounded by major office buildings including Rialto Towers
- Tightly held asset class with unprecedented demand for CBD car parking and very restricted supply
- Car park investments are, by nature, low cost investments with minimal maintenance and leasing requirements

For further information, please contact the selling agents.

*Approx

Property Highlights

Date Sold24 May 2013
Sold Price$20,000,000
Floor Area4,000 m²
Land Area2,000 m²
EnergyAsk Agent
Parking106 x Onsite parkings
Property ID2017296535
Category
Last updated  4 Oct 2021
Map for Car Park/517-537 Flinders Lane Melbourne VIC 3000

Property Highlights

Date Sold24 May 2013
Sold Price$20,000,000
Floor Area4,000 m²
Land Area2,000 m²
EnergyAsk Agent
Parking106 x Onsite parkings
Property ID2017296535
Category
Last updated  4 Oct 2021

Co-Agents

Benson Zhou
Benson Zhou
Savills Melbourne
Call
0458 488 888
Julian Heatherich
Julian Heatherich
Savills Melbourne
Call
0412 995 655

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