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
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 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
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
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.
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
Building type Partial building
Annual return 5.34 NET % at the asking price
For more information please contact Richard Crane on 0412 333 331.