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339/58 Franklin Street Melbourne VIC 3000

  • Parking / Car Space
  • 13 m²
  • For Sale, $35,000 (GST na)

Beat the Banks! High yielding investment 4.8% NET ROI

    A great Northern end CBD location close the Queen Vic market, RMIT university, with lots of high-density residential and commercial development going on in the area, assuring future demand and growth

    Walking distance to Melbourne's entertainment precincts, first class restaurants, public transport and premier shopping centres, like Emporium, Melbourne Central, Myer and David Jones, and the Bourke Street Mall.

    Low maintenance investment
    No advertising costs
    No letting fees
    No vacancy
    No management fees

    Secure lease back to the car park operator
    Ample (2.10 m) clearance and access
    Dimensions 5.0 m x 2.6 m

    Income/Lease:
    Currently returning $243.58 pcm
    2% annual rent reviews
    Lease commencing 1/11/2019
    Period 3 years with 2 further 3-year options

    Zoning: Capital City Zone

    Example outgoings:
    Council Rates $329.04 p.a. (including fire services levy)
    Water Rates $235.74 p.a.
    Owner Corporation 1 $434.92 p.a.

    Call today as these securely leased investments do not last long.

    Richard Crane 0412 333 331.

    Richard Crane
    Cocoon Real Estate
    Richard Crane
    Cocoon Real Estate

    Property Highlights

    Property ID2016979911
    Floor Area13 m²
    Land AreaAsk Agent
    Parking1 x Onsite parking
    Building TypePartial building
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  18 May 2021
    Map for 339/58 Franklin Street Melbourne VIC 3000
    Map for 339/58 Franklin Street Melbourne VIC 3000339/58 Franklin Street Melbourne VIC 3000
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    • Purchase price

      $
      35,000

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

    Find out your loan options

    Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

    Richard Crane
    Cocoon Real Estate
    Richard Crane
    Cocoon Real Estate

    Property Highlights

    Property ID2016979911
    Floor Area13 m²
    Land AreaAsk Agent
    Parking1 x Onsite parking
    Building TypePartial building
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  18 May 2021
    Cocoon Real Estate
    24/209 Toorak Road South Yarra VIC 3141
    Richard Crane
    Cocoon Real Estate
    Richard Crane
    Cocoon Real Estate

    Ask Richard Crane about this property

    Richard Crane

    Richard Crane

    Cocoon Real Estate

    0412 *** ***
    0412 333 331

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