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438/58 Franklin Street

Melbourne VIC 3000

1
1
1
0 m²
0 m²
Other
Currently for sale - view listing

Overview

High-Demand CBD Car Space – Secure, Income-Producing Investment

Opportunities like this don’t sit around for long. Positioned in one of Melbourne’s busiest precincts, this secure car space delivers immediate income and long-term value in a market where parking is consistently in short supply. Level 4 – Lot 438 Why this is a smart buy: •       Potential private rental yield of $260–$290 per month • Leased at $227/month until September 2026 – earn from day one • Enjoy secure, 24/7 access whenever you need it • Ultra-central location just moments from Queen Victoria Market, RMIT, Melbourne Central & major transport links • Strong ongoing demand from residents, students, and CBD workers • Low-maintenance, hassle-free investment with reliable returns With CBD parking becoming increasingly scarce and expensive, assets like this continue to grow in appeal for both investors and future owner-occupiers. Lock in consistent income now, with the flexibility to use or re-lease later. Act quickly – tightly held car spaces in this location are rarely available.

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
0 m² floor area
0 m² lot size
Other

Property history for 438/58 Franklin Street

2010
Sold
Undisclosed
Private Sale/Treaty on 28 Jul 2010

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84%
84% of sellers in Melbourne reported that their sale price either exceeded or met their price expectations.

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Local market activity for 1 bedroom other properties in Melbourne

In the last 12 months, 1 one-bedroom other similar to 438/58 Franklin Street, have been sold.

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