Motel sale PC-0010 City fringe commercial property for sales with 25 years lease, approximately 5% investment return. Location at an Icon position in Melbourne. Just 17 km away from CBD, 4 levels, very solid and newly building with motel business. Tenant pays $525,000 plus GST plus outgoing a year. Once a life time opportunity. Inspection is a must!
For more information, please call In Lee on 0403 155 214.
Balance Business & Real Estate
Level 1, Suite 6, 695 Burke Rd., Camberwell VIC 3124
T: 03 9939-5659 / 03 9939-1910
F: 03 9939-1439
Whole Residential Block in St Kilda Refurbished as new modern 3 level residential apartment block. 14 units plus 10 car spaces all on separate titles, ideal for individual on selling. Substantial building of 716 sqm plus garages, balconies and courtyards on large 695 sqm site. Stunning up to date contemporary style development. Salto Access Control security system. Well located on the edge of St Kilda’s vibrant heart. Perfect position close to all amenities, plus easy access to public transport. Excellent rental history, currently 100% occupied. Significant income tax saving depreciation. Rent: $275,000 pa.
2450ML - CLOSE CBD OPPORTUNITY WITH BIG UPSIDE Just seven kilometres from Melbourne CBD. 26 one bedroom self-contained apartments. Running an occupancy over 70 % year round. On the edge of the St Kilda entertainment precinct where in 2015 available room yields ran just under a big $40,000 per year. (Source ABS). There's more to this property than meets the eye. 26 apartments under leaseback agreement, with all repairs, maintenance and replacements serviced by apartment owners.
There's an excellent occupancy to be leveraged for higher yields in the years to come.
This property has potential to produce an annual income of $200K to th...