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Lot 2/79-81 Franklin Street, Melbourne
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THE PERFECT NINE (9) WITH EXCELLENT GROWTH!!!
This Unique Building was built in 1875 and still boasting plenty of Character for its age and a great performer for the investor looking for a good yield on investment.
Property Position – The Complete level One (1)
Current Use – Residential Apartments/Student Accommodation
Building Level only - 350m2 approx
Inclusions – kitchens, toilet & bathroom facilities in every apartment
Zoning – Capital City | Schedule 1
Lease – Residential Leases in accordance with Tenancies Act
Current Combined Rental Income - $186,000.00 per annum approx
Car parking – Basement Security Parking for two cars
Additional Rooms – Office | Care takers residence
Additional Facilities – Communal Coin Laundry | Lift Operated | Security Entrance
All this conveniently located and only metres away to RMIT University, Queen Victoria Markets and a culinary mixture of Asian restaurants at your door step.
Don’t miss out on this rare opportunity to secure a piece of History with lifestyle surroundings.