A rare opportunity awaits you. Acquire property on the fringe of the CBD for only $40,000.
Purchase this single (or double for $80,000) carspace in Pyrmont’s M Central with access to 24 hour parking, 7 days a week in this secure parking station.
Perfect for those looking for an investment opportunity on the doorstep to the Darling Harbour redevelopment, or simply guarantee your parking spot within walking distance to the office!
Features:
- At $40,000 this represents excellent value. Similar spaces in the CBD are selling for upwards of $70k
- Freehold strata-titled with clear individual property title
- Moments to Darling Square, Sydney’s new city neighbourhood!
Yearly outgoings:
- OSR carspace levy: approx. $1,750
- Strata rates: approx. $1000
- Council rates: approx. $650
Rental income (managed by Secure Parking):
Year 1 (current) $4000+gst
Year 2 $4,110+gst
Year 3 $4,223+gst
Year 4 $4,339+gst
Year 5 $4,665+gst
