For Sale

438/58 Franklin Street, Melbourne, VIC, 3000

$35,000 - $38,000!

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What's around 438/58 Franklin Street

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.

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