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265/255 Drummond Street
Carlton VIC 3053
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Sold on 13 Dec 2019

265/255 Drummond Street Carlton VIC 3053

  • Parking / Car Space
  • 13 m²
  • Sold, $1

High yielding and affordable investment in Blue Chip Carlton

  • Affordable
  • Secure, low maintenance
  • Strong income

Affordable, Secure, Strong income, Low maintenance
Clocktower: Lot 265/255 Drummond Street, Carlton Asking $39,950
We all know how hard it is to find a carpark around Carlton.
Secure long-term tenant who pays ALL outgoings.
No Vacancy, No Maintenance, No Letting Fees, No Advertising Costs, No Council Rates, No Owner Corporation Fees, No Congestion Levy and No Management Fees.
No Worries for the Life of the Lease which started in 2000 (current lease expires 2020).
Affordable:
Asking only $39,950, this affordable entry level investment is ideal for your Superannuation, investment diversity or affordable first time/entry level property investor.
Blue chip Carlton location within the Lygon Streets, retail, café, business and entertainment precinct, parking in this area is limited and highly sought-after.
Secure:
Current 10-year lease expires 30th June 2020.
Strong Income:
The current income is for each space $245.63 per calendar month (excl GST) or $2,947.56 per annum, with annual rent adjustments or reviews. Currently showing a 7.38% NET (Tenant pays all outgoings) return on investment at the asking price.
Low Maintenance Investment:
As this car park is attached to a secure long term lease the outgoings (council rates, owner corporation fees and water rates and congestion levy) are the responsibility of the Lessee and therefore this is a low maintenance investment offering a NET return on investment.
National Tenant: Care Park Pty Ltd
ideal for your Superannuation, investment diversity or affordable first time/entry level property investor.
Be quick, dont walk, dont run but drive before this unique opportunity is gone.
Inspect by appointment or contact Richard Crane 0412 333 331 for further information

_Archived_ESTATIER
24/209 Toorak Road
South Yarra, VIC 3141

Property Highlights

Date Sold13 Dec 2019
Sold Price$1
Floor AreaAsk Agent
Land Area13 m²
Parking1 x Onsite parking
Property ID2015736601
Category
Last updated  21 Jan 2020
Map for 265/255 Drummond Street Carlton VIC 3053
_Archived_ESTATIER
24/209 Toorak Road
South Yarra, VIC 3141

Property Highlights

Date Sold13 Dec 2019
Sold Price$1
Floor AreaAsk Agent
Land Area13 m²
Parking1 x Onsite parking
Property ID2015736601
Category
Last updated  21 Jan 2020

Listed by

_Archived_ESTATIER
Call
03 98260300

More about 265/255 Drummond Street Carlton VIC 3053

265/255 Drummond Street Carlton VIC 3053 is categorized as Parking Space. It has a land area of 13 m². There are 1 x onsite parkings.The listing ID for this property is 2015736601.

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