A trendy suburb to park your money. Low maintenance asset opportunity.
+ Within multi-use complex including residential and retail / office premises
+ Generous car park sizes and easy access
+ Reputable car park operator anticipated to take possession to start 2024 (after which the income should be generated for the applicable owners.)
+ Outstanding Albert Park Lake precinct location
+ Close to tram stops providing easy access into the CBD and the beach
Indicative pricing $7,500 no gst - CONTRACT READY
Contact Andrew for more information.
INSPECTIONS:
Interested parties are invited to self inspect by car or foot, and do not hesitate to call the agents exclusively for more information. Note, lot numbers being sold may not match the onsite bay numbers.
OUTGOINGS:
Costs fin year 2023 est. Council rates: $75/quarter, OC rates: $176/quarter, No water rates, SRO congestion levy to be determined and $0 land tax (SHB) .
SECTION 173:
Please refer to the disclaimer document on our website and note that this a public parking facility via a section 173 agreement, available on request.
OWNER OCCUPIERS AND PASSIVE INVESTORS:
Kindly note that car spaces in the public section of 352 Canterbury Road are not intended for personal use. As with more passive investors, owner occupiers might like to call Andrew to chat about other options for purchasing parking nearby.
Invest now for future growth and returns.
