BEAT THE BANKS! Secure high yielding investment (4.76%NET ROI) with long tenancy
515/58 Franklin Street, Melbourne.
BEAT THE BANKS! Secure high yielding investment (4.76% NET ROI) with long tenancy
This car park will suit an investor who appreciates the peace of mind of a long term and high yields. Leased back to the car park operator until 26/4/2023. Put it in the bottom drawer investment and forget about it while you collect the rent.
No letting fees No management fees No vacancy rates No advertising costs No maintenance costs 100% occupied
Income: $243.59 per calendar month ($2,923.08 p.a.)
Outgoings: Approximately $1200.00 p.a. (council rates, water rate, owner corporation fees).
Net income: $1,665.72 p.a. or 4.76% at $35,000
Location:
Highly sought-after location close to Victoria Market, RMIT, and the North end of the CBD. One of only a few strata car park buildings in the CBD, where you can actually own a strata titled car space.
Act fast as this will go quickly.
For further information please contact Richard Crane on 0412 333 331
Commercial Real Estate & Valiant have pulled some useful resources to help you on your journey. Kick things off with our commercial loan calculator to see estimated repayments.
Purchase price
$
35,000
Deposit available
$
123,456
Loan term
30
years
Interest rate
3.00
%
repayments
$0/month*
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