Guaranteed for 20 years, this 8 car park package deal situated in the Aqua Vista Office Complex at Waterfront City, Docklands is an excellent opportunity for the professional investor to take advantage of depreciation benefits, capital appreciation and long term security.
Surrounded by 2000 residential apartments, offices and retail shops and the new Waterfront City Residential project, these car parks are perfectly packaged with a 10 year term currently in place until June 2017 and two further terms of 5 year duration guaranteed as part of the leasing arrangement.
Rental reviews conducted in the 3rd, 5th, 7th and 9th year of the first 10 years with further reviews scheduled for the further two 5 year terms.
Currently, each car park is achieving a comfortable $3000 per annum net with a total annual net income of $24,000.
For further details contact Sunny Lu 0422 060 234 or Craig McIntosh 0431 948 256.
Email: sunny@professionalscity.com.au.