Skip to main content
SearchBack to results

557/58 Franklin Street Melbourne VIC 3000

  • Parking / Car Space
  • 13 m²
  • For Sale, $32,000 (GST na)

Beat the Banks! High yielding investment 5.34% NET

    557/58 Franklin Street, Melbourne

    Parking/Car space Size- 13m2
    $32,000 (no GST payable)

    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

    Features:
    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 $245.97 pcm
    2% annual rent reviews
    Lease expires 05/2/2022

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

    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.
    Owner Corporation 2 $242.56 p.a.
    Land tax (SHB) $0.00 p.a.

    Price: Negotiable

    Property highlights Affordable entry level CBD Investment
    Premium lower level (LVL 3) location and close to lift
    Strata titled real estate security.

    Floor area 13m2
    Land area Ask Agent
    Parking
    Building type Partial building
    Annual return 5.34 NET % at the asking price
    Availability Tenanted

    For more information please contact Richard Crane on 0412 333 331.

    Richard Crane
    Cocoon Real Estate
    Richard Crane
    Cocoon Real Estate

    Property Highlights

    Property ID2017205966
    Floor AreaAsk Agent
    Land Area13 m²
    Parking1 x Onsite parking
    Building TypePartial building
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  20 Aug 2021
    Map for 557/58 Franklin Street Melbourne VIC 3000
    Map for 557/58 Franklin Street Melbourne VIC 3000557/58 Franklin Street Melbourne VIC 3000
    Richard Crane
    Cocoon Real Estate
    Richard Crane
    Cocoon Real Estate

    Property Highlights

    Property ID2017205966
    Floor AreaAsk Agent
    Land Area13 m²
    Parking1 x Onsite parking
    Building TypePartial building
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  20 Aug 2021
    Cocoon Real Estate
    24/209 Toorak Road South Yarra VIC 3141
    Richard Crane
    Cocoon Real Estate
    Richard Crane
    Cocoon Real Estate
    Richard Crane

    Richard Crane

    Cocoon Real Estate

    0412 *** ***
    0412 333 331

    More Parking / Car Space for Sale in Melbourne VIC

    2 Russell Street Melbourne VIC 3000
    Expressions of Interest
    2 russell street,melbourne, VIC 3000
    3,163 m²
    Parking / Car Space
    Car 24, L2/58 Franklin Street Melbourne VIC 3000
    For SaleNegotiable, please contact agent for details
    car 24, l2/58 franklin street,melbourne, VIC 3000
    13 m²
    Parking / Car Space
    Lot 225/58 Franklin Street Melbourne VIC 3000
    For SaleNegotiable, please contact agent for details (under offer)
    lot 225/58 franklin street,melbourne, VIC 3000
    13 m²
    Parking / Car Space
    Contact Agent