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Melbourne

$130,000
1 Queens Rd, Melbourne VIC 3004, Australia, South Melbourne, Melbourne, Southbank
Sold

Overview

  • Updated On:
  • 25 July 2024
  • 41 m2

Description

RENTAL RETURN OF APPROXIMATELY 8.4% – GREAT INVESTMENT OPPORTUNITY !

SAFE AND AFFORDABLE STRATEGIC INVESTMENT – RENTAL RETURN OF APPROXIMATELY 8.4%

1 QUEENS RD, MELBOURNE VIC 3004

Price:$130,000

Internal area – 28.4sqm

Balcony area – 12.4sqm

A total of 40.8 Sqm

Current leased to Adaps IT Pty Ltd.

Rent : $919.52 per month (including GST) + Outgoing Fee

The rent will increase by 3% on each anniversary of the commencement date.

Term of the lease : Five (5) years commencing on January 1, 2018 to December 31, 2022

Further terms : Two (2) further options of 60 months

Perfect choice for your business:

– Convenient business address for your guests.
– Wide range of space to give your business the decent image it deserves
– Quality services and facilities
– ATM facilities

Good environment:

– FREE gymnasium access
– and richful food court
– Secure undercover car parking (available at an additional cost)
– Drycleaner, newsagent, dentist, massage, hair and beauty
– Squires Loft Restaurant and Bar
– Storage facilities

Multiple options of transportation at the doorstep

– Easy access to the CBD
– Iconic Chapel Street
– Many boutiques, dining, and cinemas.

SAFE AND AFFORDABLE STRATEGIC INVESTMENT, Ideal for first-time investors or self-managed pension funds.

CONTACT AGENT ON 0422 060 234 / (03) 9663 0988 FOR FURTHER DETAILS.

Address: 1 Queens Rd, Melbourne VIC 3004, Australia
State/County:
Zip: 3004
Country: Australia

Property Id: 22307
Price: $130,000
Property Size: 41 m2
Construction Status: Second Hand

Inside
Air Conditioning
Alarm System
Separate Dining Room
Outside
Gym
Location
City Views
Other Features
CBD Central
Close to Business Street
Close to Railway
Close to Tram / Bus Stop
Close to Library

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

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