A unit situated in 316/PS531749 Docklands VIC. Properties with similar attributes have sold for approximately $385,000. The local council is Melbourne, featuring 1 bedroom and 1 bathroom.
Can't afford commercial property? Think again... Long term lease to government tenant 'Vic Track' offering 6.7% net returns priced at $245,000!A commercial property that costs less than most 1 Bedroom apartments.Investment information:??? Tenant: Vic Track??? Area: 40 sqm (approx.)??? Lease Expiry: May 2017??? Annual Increases: 4%??? Net Return: 6.7%??? Price: $245,000??? 1 Car space included in sale priceWhy invest in commercial property???? Higher returns??? Stronger tenant covenants??? Longer leases??? Easier to manage??? Full make good at end of leaseSignificant depreciation benefits available.198 Harbour Esplanade, Docklands is a prominent seven level building located in Docklands' most accessible precinct with major tenants nearby including Australian Customs, NBN Co, Melbourne Water and Channel 7. It is well serviced with tram services directly in front of the building and Southern Cross Railway Station only a short stroll away.Significant depreciation benefits availableThis is a fantastic opportunity for any property investor.Extremely rare to find any commercial property available at this price point.Please contact:Chao Zhang - 0411 625 068Tim Grant - 0478 666 275