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635/58 Franklin Street Melbourne VIC 3000

  • Parking / Car Space
  • 13 m²
  • For Sale, Asking $32,500, circa 5 NET return

Leased CBD Car Park Investment

  • Great CBD location
  • Great Entry Level Commercial Investment
  • Close to Queen Vic and NEW train Station

Situated on the north side of Melbourne's Central business District, this dedicated car park boasts convenient access and excellent amenity surrounding. Close to the Queen Vic Market, high rise residential developments, corporate towers and educational institutions.

58 Franklin Street, Melbourne, VIC 3000
* Great CBD location
* Great Entry Level Commercial Investment
* Close to Queen Vic and NEW train Station

Car park 635
* Good height clearance
* Lift access
* Rent: $238 pcm (exc GST)
* 2+2+2 year lease starting 1 July 2018
* Annual increases
* Added benefit of being metres from the new State Library Train Station
* Invest in a growing pocket of Melbourne
* Close to the Queen Vic Market, high rise residential developments, corporate towers and educational institutions.
* Zone: Capital City Zone

Outgoings Estimates:
* Council Rates - $311 per annum
* Water Rates - $227 per annum
* Owners Corporation 1 - $458 per annum
* Owners Corporation 2 - $243 per annum
* Land Tax (SHB) - $0

Contracts available

Please call me to discuss the next steps.

Andrew Hewett
0418 439 388

Property Highlights

Property ID2016457568
Floor Area13 m²
Land AreaAsk Agent
Parking1 x Onsite parking
Building TypePartial building
Annual Return5%
AvailabilityTenanted
Category
Last updated  26 Aug 2020
Map for 635/58 Franklin Street Melbourne VIC 3000
Map for 635/58 Franklin Street Melbourne VIC 3000635/58 Franklin Street Melbourne VIC 3000
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  • Purchase price

    $
    1,234,567

  • Deposit available

    $
    123,456

  • Loan term

    30
    years

  • Interest rate

    3.00
    %

repayments

$0/month*

Find out your loan options

Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

Hewett Commercial
Level 10, 50 Queen Street Melbourne VIC 3000

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