179/352 Canterbury Road, St Kilda, VIC 3182

Studio 1 1 1
Sold Price Not Disclosed (29 Dec 2016)
Car Space Investment Opportunity in St Kilda at 9% ROI
Located in the heart of St Kilda, and currently bringing in $100 pcm (ex GST), this car park is leased to Care Park Australia on a long term lease expiring 6 June 2017, with an 10 year option to renew. Lease paid monthly, outgoings including body corporate and rates refunded by Care Park Australia.

Potential upside if the lease is not renewed to lease or sell to apartment owners in the complex. The SMSF owner is motivated seller and interested to complete the transaction before Xmas.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.
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Briner & Associates provides residential conveyancing for Victoria. Please call (03) 9572 0255 or email briner_assoc@bigpond.com.

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