154/352 Canterbury Road, St Kilda VIC 3182

$18,900.00

CAR PARK 4 SALE St Kilda $19,900 Great NET return. Long Lease

Car Park 154/352 Canterbury Road, St KildaIncome $1,281.60 p.a NET asking $19,900 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.The current income is this space is $106.80 ( with GST) p.c.m or $ 1281.6 p.a, with annual rent adjustments or reviews.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.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.

Property Details

• Type: Other
• Tenancy: Vacant