315/58 Franklin Street,
Melbourne, VIC 3000
Other
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$1,000
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Map of 315/58 Franklin Street
Affordable high yielding (4.48% NET RETURN) CBD investment Priced to sell! Secure Long-Term Investment.
315/58 Franklin Street, Melbourne asking $39,500
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,
• no management 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: 02/02/2016
Lease Expiry: 01/02/2021
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%
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,
• no management 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: 02/02/2016
Lease Expiry: 01/02/2021
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%
Property ID: 503042158Last Updated: 24 Sep 2019
04123333...
315/58 Franklin Street
Melbourne, VIC 3000
Cocoon Real Estate P/L - South Yarra24/209
SOUTH YARRA, VIC 3141
SOUTH YARRA, VIC 3141
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