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Sold on 15 Sep 2021

77, 78, 79/434 St Kilda Road Melbourne VIC 3000

  • Parking / Car Space
  • 56 m²
  • Sold

BE QUICK 7.0% NET ROI: Strong and Secure Returns on Bluechip St Kilda Road

    77, 78 & 79/434 St Kilda Road, Melbourne $146,355 (no GST Payable)

    BE QUICK 7.0% NET ROI: Strong and Secure Returns on Bluechip St Kilda Road

    Priced to Sell Quickly.

    This 3-titled portfolio of strata-titled car parks supports 4 income streams, zero to no vacancy, low-maintenance, and strong yields. As each titled car park is extra-long, there is income available for 4 car spaces. Maximizing the incomes available, while minimising the risk.

    Each car park returns between $200 pcm to $250 pcm each, and are currently fully let, with a monthly income of $950.00 pcm GROSS

    Car Park "O" $250 pcm since DEC 2019
    Car Park "P" $250 pcm since AUG 2021
    Car Park "Q" $200 pcm since MAY 2018
    Car Park "R" $250 pcm since JUN 2021

    Annual Income: $11,400 pa GROSS

    Less Outgoings (approx.):
    Owner corporation fees ($93.20 p.a. x 3) = $279.60
    Council Rates ($291.85 x 3) = $875.55
    Total outgoings: $1,155.15 p.a.

    Net income = $10,244.85
    Do not miss your opportunity to receive high yields with this low maintenance, passive investment.

    For further details contact Richard Crane 0412 333 331

    Richard Crane
    Cocoon Real Estate
    Richard Crane
    Cocoon Real Estate

    Property Highlights

    Property ID2017169417
    Date Sold15 Sep 2021
    Floor Area56 m²
    Land AreaAsk Agent
    Parking3 x Onsite parkings
    Building TypePartial building
    Category
    Last updated  17 Sep 2021
    Map for 77, 78, 79/434 St Kilda Road Melbourne VIC 3000
    Map for 77, 78, 79/434 St Kilda Road Melbourne VIC 300077, 78, 79/434 St Kilda Road Melbourne VIC 3000
    Richard Crane
    Cocoon Real Estate
    Richard Crane
    Cocoon Real Estate

    Property Highlights

    Property ID2017169417
    Date Sold15 Sep 2021
    Floor Area56 m²
    Land AreaAsk Agent
    Parking3 x Onsite parkings
    Building TypePartial building
    Category
    Last updated  17 Sep 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

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