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Sold on 12 Jan 2022

320/11 Daly Street South Yarra VIC 3141

  • Parking / Car Space
  • 13 m²
  • Sold

High yielding low maintenance investment!

    Lot 320/11 Daly Street, South Yarra

    Beat the banks with a better than 5.0 % NET return on investment and invest in the Blue-Chip South Yarra. Sought after, low maintenance investment.

    100% occupied to corporate tenant
    No vacancy
    No advertising costs
    No letting fees
    No management fees
    No tenant maintenance
    Set and forget opportunity with strong yield.

    Lease details:
    Lease commencement 2/8/2021
    Expiry 1/8/2023
    Term: 2 Years
    Option: 1 further term of 2 years
    Annual increases: 2%

    Financials:
    Income
    $220 pcm incl GST
    $200.00 pcm excluding GST X 12 = $2,400.00 p.a.
    Less outgoings (estimated)
    Council Rates $300.00 p.a.
    Owner Corp $99.00 p.a. $399.00
    Net income $2,001.00 p.a.

    5.0% NET ROI = $40,020

    "Going Concern Exemption available"

    For further information contact Richard Crane on 0412 333 331 but act fast because these will not last.

    Richard Crane
    Cocoon Real Estate
    Richard Crane
    Cocoon Real Estate

    Property Highlights

    Property ID2017271478
    Date Sold12 Jan 2022
    Floor Area13 m²
    Land AreaAsk Agent
    Parking1 x Onsite parking
    Building TypePartial building
    Category
    Last updated  22 Sep 2021
    Map for 320/11 Daly Street South Yarra VIC 3141
    Richard Crane
    Cocoon Real Estate
    Richard Crane
    Cocoon Real Estate

    Property Highlights

    Property ID2017271478
    Date Sold12 Jan 2022
    Floor Area13 m²
    Land AreaAsk Agent
    Parking1 x Onsite parking
    Building TypePartial building
    Category
    Last updated  22 Sep 2021
    24/209 Toorak Road South Yarra VIC 3141
    Richard Crane
    Richard Crane
    Cocoon Real Estate

    Richard Crane

    Cocoon Real Estate

    0412 *** ***
    0412 333 331

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