Car Park/517-537 Flinders Lane Melbourne VIC 3000

Offices
4,000 m²
Sold, $6,000,000

Rare CBD Car Park Investment

For Sale by Expressions of Interest closing Wednesday 15 May at 2pm

Prized CBD Car Park with Significant Upside Potential

- Modern car park of 106 bays over 2 levels
- Managed by Wilson Parking
- Current Net Income: $385,667* per annum
- Well performing with strong income growth potential
- Modern building with significant depreciation benefits
- Exceptional CBD location surrounded by major office buildings including Rialto Towers
- Tightly held asset class with unprecedented demand for CBD car parking and very restricted supply
- Car park investments are, by nature, low cost investments with minimal maintenance and leasing requirements

For further information, please contact:

Clinton Baxter - 0413 569 888
Nick Peden - 0402 011 266

*Approx

Supporting Documents

Supporting Document 1

EXPRESSION OF INTEREST

Closing date and time	15/05/2013 14:00
Recipient name	Ask Agent
Delivery address	Ask Agent

Property Highlights

Date Sold	17 May 2013
Sold Price	$6,000,000
Floor Area	4,000 m²
Land Area	2,000 m²
Energy	Ask Agent
Parking	106 x Onsite parkings
Property ID	2010406963
Category	Offices Shop & Retail Showrooms / Bulky Goods
Last updated	20 May 2013

Map for Car Park/517-537 Flinders Lane Melbourne VIC 3000

Property Highlights

Date Sold	17 May 2013
Sold Price	$6,000,000
Floor Area	4,000 m²
Land Area	2,000 m²
Energy	Ask Agent
Parking	106 x Onsite parkings
Property ID	2010406963
Category	Offices Shop & Retail Showrooms / Bulky Goods
Last updated	20 May 2013