Blue Chip City Fringe Accommodation Investment
Under Offer
Savills is delighted to offer for sale this absolute prime city fringe accommodation investment located in a central North Melbourne location.
The magnificent four level apartment building comprises 20 high quality apartments which is fully leased to a highly successful operator and occupies a prime corner within close proximity to the Health Precinct & all the amenity on offer within Melbourne CBD.
Key attributes of the property include:
• Substantial four-level freehold building on premium corner landholding
• 20 high quality apartments comprising 1 & 2 bedroom configurations
• Securely leased to established operator “Q Squared Apartments”
• Returning $622,200 per annum + GST & outgoings
• Prime city-fringe position in the Parkville hospital/medical and University precinct
• Walking distance to the vibrant Errol Street retail, Queen Victoria market and the Melbourne CBD precinct
• Excellent connectivity via incoming Parkville Station, trams, and CityLink
*Approximate
For further information please contact:
Julian Heatherich - 0412 995 655
Beau Bakhtani - 0412 159 038
Nick Lower - 0414 259 494
| Level | Tenancy | Sale Type | Price | AreaSqm | Status |
|---|---|---|---|---|---|
| n a | Private Treaty | 1943.00sq m |