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540/58 Franklin Street Melbourne VIC 3000

  • Parking / Car Space
  • 13 m²
  • For Sale, $33,000 (GST na)

High yielding & securely leased strata titled car park in the CBD

    540/58 Franklin Street, Melbourne VIC 3000 $33,000 (no GST payable)

    Beat the banks with 5% NET return on investment
    Affordable blue-chip CBD car park investment in great location
    Low maintenance investment

    Accessed by the Northern end of Melbournes Central Business District, this strata titled car park (yes, your very own title) would suit an investor looking for a low maintenance peace of mind entry level investment in Melbournes CBD, voted one of the worlds most liveable cities in the world.
    Just think of the convenience:

    No vacancy costs, securely leased
    No advertising costs
    No letting fees
    No maintenance (no carpets to replace, painting to renew, leaky taps to repair)
    Corporate tenant
    Annual rent reviews
    Further peace of mind options
    Convenient location close to the lift
    Located on the 5th level with lift access
    Good height clearance (2.1m)
    Future demand is strong due to lots of building and infrastructure development

    Priced competitively and priced to sell. For further information contact Richard Crane on 0412 333 331 to discuss or arrange an inspection.

    Property Highlights

    Property ID2016559978
    Floor AreaAsk Agent
    Land Area13 m²
    Parking1 x Onsite parking
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Last updated  16 Oct 2020
    Map for 540/58 Franklin Street Melbourne VIC 3000
    Map for 540/58 Franklin Street Melbourne VIC 3000540/58 Franklin Street Melbourne VIC 3000
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