628 & 629/58 Franklin Street Melbourne VIC 3000

CONTRACT OF SALE READY

Situated on the north side of Melbourne's Central business District, this dedicated car park boasts convenient access and excellent amenity surrounding.

Building features include:
* Access 24/7 with swipe pass
* Good height clearance
* Offered Leased
* Metres to the upcoming State Library Train Station
* Invest in a growing pocket of Melbourne
* Income $228pcm each lot, circa $5,472 total pa combined.
* Available now, call for more information

Close to the Queen Victoria Market, Melbourne Central, Melbourne University, RMIT, high rise residential developments, corporate towers and other educational institutions.

Other Notes:
GST: Going concern
Size 13sqm (2.6 x 5.0m) approximately
Tenant pays congestion levy
Outgoings paid by landlord
2+2+2+2 years,
Tenancy started 1 May 2022
Annual increases

58 Franklin Car Park Outgoings Estimated PA Each:
Council Rates $69 pa + Fire Levy $285
Water Rates W&D $183+ Parks levy $87
OC1 (Global OC) $459
OC2 (Car Park Section) $290
Land Tax (SBH) $0
Congestion Levy - Subject to usage (Should not be applicable for local resident usage)
Above based on Lot 555 FY2025 (NB: figures may vary slightly between each lot)

Ask for Andrew's email pack on the building, costs, and other useful information. Please refer to the disclaimer document on our website and do not hesitate to call Andrew exclusively to ask for more information or a private inspection. Multiple car parks may be available in a row, call to register your interest.