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Affordable, Secure, Strong Income, Low Maintenance Investment!

352 Canterbury Road, St Kilda, VIC 3182

0 bed 0 bath 1 car
Car Space

$17,668

1 /
person
Richard Crane
352 Canterbury Road for Sale
Best Value in Town! Where else can you get a 7% Net return on investment??
Affordable!
This affordable, entry level investment is ideal for your Self-Managed Superannuation Fund (SMSF), investment diversity or affordable first time/entry level property investor.
Secure!
Initial 15 year lease expires 6th June, 2017 with one further option of 10 years.
Strong Income!
The current income is for each space ranging from $94.26 per calendar month (excl GST) or $1,131.12 per annum to $103.18 p.c.m or $1,238.16 p.a, with annual rent adjustments or reviews.
Car Park 74/352 Canterbury Road, St Kilda
Income $1,238.16 p.a NET Asking $17,688 or 7% NET ROI
Car Park 110/352 Canterbury Road, St Kilda
Income $1,238.16 p.a NET Asking $17,688 or 7% NET ROI
Car Park 111/352 Canterbury Road, St Kilda
Income $1,238.16 p.a NET Asking $17,688 or 7% NET ROI
Car Park 115/352 Canterbury Road, St Kilda
Income $1,131.12 p.a NET Asking $16,158 or 7% NET ROI
Car Park 107/64 Fitzroy Street, St Kilda
Income $1,238.16 p.a NET Asking $17,688 or 7% NET ROI
Low Maintenance Investment!
As this car park is attached to a secure long term lease the outgoings (council rates, owner corporation fees and water rates etc.) are the responsibility of the Lessee and therefore this is a low maintenance investment offering a NET return on investment.
Currently showing a better than 5.65% NET return on investment at the asking price. That's better than bank interest, with scope for rent growth and asset growth.
Sit back and relax with a steady stream of income without any maintenance requests or arrears from unreliable tenants.
Inspect as advertised or by appointment.
For more information, please contact Richard Crane on 0412 333 331.
Richard Crane from St Kilda can be contacted for any further information about this car space at 352 Canterbury Road, St Kilda by clicking the email or phone icons on this page.

Features
Parking: 1 Lockup Garage
What's Nearby
What's Nearby
Schools
Transport
Eats
Shopping
Inspection Times

There are no upcoming inspections or auctions scheduled. Email Agent to make an appointment.

How much can I borrow?
$
%
$2245.22 /month
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SA1 - 2113356 Meet the Neighbours near 352 Canterbury Road

Looking to make 352 Canterbury Road, St Kilda your new home? Find out more about the people who live nearby as they could be your new neighbours soon! If you are looking to invest, you might be interested in the occupancy statistics in this pocket of addresses within the St Kilda area.

$4,085
Monthly Personal Income
$6,007
Monthly Household Income
$1,884
Monthly Mortgage Repayments
The average age is 33
Majority are Couples without children
Most residents Renting
Weekly Income
Pocket
St Kilda
Employed as Professional scientific and technical services
Professional scientific and technical services
Retail trade
Health care and social assistance
Manufacturing
Accommodation and food services
Pocket Profile
Ask Richard about 352 Canterbury Road, St Kilda, VIC 3182
person
Richard Crane
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