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339/58 Franklin Street
Melbourne VIC 3000
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Sold on 24 Jan 2022

339/58 Franklin Street Melbourne VIC 3000

  • Parking / Car Space
  • 13 m²
  • Sold

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.

_Archived_ESTATIER
24/209 Toorak Road
South Yarra, VIC 3141

Property Highlights

Date Sold24 Jan 2022
Floor Area13 m²
Land AreaAsk Agent
Parking1 x Onsite parking
Property ID2016979911
Category
Last updated  2 Mar 2022
Map for 339/58 Franklin Street Melbourne VIC 3000
_Archived_ESTATIER
24/209 Toorak Road
South Yarra, VIC 3141

Property Highlights

Date Sold24 Jan 2022
Floor Area13 m²
Land AreaAsk Agent
Parking1 x Onsite parking
Property ID2016979911
Category
Last updated  2 Mar 2022

Listed by

_Archived_ESTATIER
Call
03 98260300

More about 339/58 Franklin Street Melbourne VIC 3000

339/58 Franklin Street Melbourne VIC 3000 is categorized as Parking Space. It has a floor area of 13 m². There are 1 x onsite parkings.The listing ID for this property is 2016979911.

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