310/58 Franklin Street,
Melbourne, VIC 3000

310/58 Franklin Street, Melbourne asking $39,500
Affordable high yielding (4.48% NET RETURN) CBD investment
Priced to sell! Secure Long-Term Investment.
A terrific and affordable entry level, high yielding investment located in the heart of Melbourne CBD and within close proximity of all the CBD has to offer.
Ideal for those seeking a low maintenance, high yielding secure long-term investment with no vacancy, advertising cost, no letting fees and a 100% occupancy. Ideal for SMSF (Superannuation) investors, affordable entry level investors, and those seeking a set and forget opportunity.
For further information please call Richard on 0412 333 3...
PLEASE LEAVE A CONTACT NUMBER WITH YOUR ENQUIRY TO ENSURE A FAST RESPONSE
Financial Summary
Current income is $231.85 per calendar month ($2,782.20 p.a.)
Lease Summary:
Commencement date: 05/06/2018
Lease Expiry: 06/06/2023
Rent reviews: By CPI Consumer Price Index
Financials:

Lessor Pays (Owner):
Council rate $ 350.00
Water rates $ 115.00
Owner Corporation fees $ 550.00
Total $ 1,015.00

Lessee Pays (Tenant):
Congestion Levy (Category 1) $1,400.00

Total (Gross) Income p.a. $2,782.20 p.a. less $1,015.00 (outgoings above) = Net Income of $1,767.20 p.a.

Net Return against asking price of $39,500 is 4.48%



For further details contact Richard Crane on 0412 333 3...