Car Park, 517-537 Flinders Lane,
Melbourne, VIC 3000

Offices • Shops & Retail • Showrooms & Large Format Retail

Price information

Sold

$20,000,000

Key property information

Land area

Floor area

Car spaces

Tenure type

Sold on

Map of Car Park, 517-537 Flinders Lane

Directions

Rare CBD Car Park Investment

Modern car park of 106 bays over 2 level
Managed by Wilson Parking
Current Net Income: $385,667* per annum

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 the selling agents.

*Approx

Property ID: 500697111Last Updated: 3 Oct 2021