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CAR PARK- LEVEL 5 (UNDERCOVER), 58 FRANKLIN STREET, MELBOURNE
58 CBD-FRANKLIN ST , Melbourne VIC 3000

Price: 44,000 plus GST (negotiable)
Available: Now

Lockup/Secure: No
Undercover: Yes
Description: An exclusive private car space for your own exclusive use or investment with potential of capital growth in prime CBD location. The car park features entry into fantastic real estate at affordable prices,undercover, well lit and secure- multi-level purpose built car park in the heart of CBD at 58 Franklin St, Melbourne (bordered by Franklin St, Elizabeth St, Therry St & Victoria St) next to Qantas Building, Queen Victoria Market, RMIT, Aldi Supermarket, vicinity of residential / commercial development by PDG Corporation (Milano Apartments) all within minutes of walking distance- tram access just at doorstep at Elizabeth St & Swanston St & LaTrobe St-Secured access via security key. Access is 24 hours/7 days with your own key to operate roller door. During day, CarePark operates some of the other bays- but, as a private owner, you will have totally unrestricted direct access at all times. There are also many other private tenants and owners occupiers in the building. Building security provided by Care Park. Owner can either self-manage or lease to Care Park on long term leases.

Contact:
M: TAY 0402 788 988
E: tays@alphalink.com.au

Q. i am interested in this car park space so could you please provide me with some information reg this park space.i.e whats the return does this car park has.thanx
--------------------------- Car Space 503/ 58 Franklin Street------------------------------------ Thank you for your enquiry. The following are answers to your queries: 1. You can contact me direct: Paul TAY 0402 788 988 or 9696 7999 2. Yes, you can inspect. The car park is open during office hours- go to level 5, car park 503. Just take lift to the 5th Floor and bay 503 facing Franklin St. 3. Annual Outgoings: $ 542 per annum (approximate only) as follows: Details Of Outgoings: Per Annum (Approximate Only) Melbourne City Council- Rates $ 77 Water Rates : $ 14 @ 4 56 Water Rates: Parks Charges 53 Body Corp No. 1: $ 53 @ 4 212 Body Corp No. 2: $ 36 @ 4 144 ----- $ 542 ---- Owner Occupier: Plus Vic Congestion Levy: $ 400- $ 800 but if commercially leased. Your client must make own enquiries. If lease through Care Park Pty Ltd- Care Park pays 100% of the congestion levy as well as 100% of all outgoings. 4. Care Park Pty Ltd has an existing lease on the parking space at $ 1,532 per annum (including GST). Subject to Care Parks consent, it may be possible to negotiate termination of lease if purchaser intends to owner occupy. Client must first sign irrevocable Purchase Agreement before consent can be given to contact Care Park in order not to disturb the present Lease arrangement with Care Park unnecessarily. Regards Paul Tay
(Answered on 06 Jul, 2007)