391/11 Daly Street,
South Yarra, VIC 3141
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Map of 391/11 Daly Street
High yielding low maintenance investment!
Lot 391/11 Daly Street, South Yarra
Beat the banks with a better than 5.0 % NET return on investment and invest in the Blue-Chip South Yarra. Sought after, low maintenance investment.
• 100% occupied to corporate tenant
• No vacancy
• No advertising costs
• No letting fees
• No management fees
• No tenant maintenance
• Set and forget opportunity with strong yield.
Lease details:
Lease commencement 2/8/2021
Expiry 1/8/2023
Term: 2 Years
Option: 1 further term of 2 years
Annual increases: 2%
Financials:
Income
$210.00 pcm incl GST
$190.91 pcm excluding GST X 12 = $2,290.92 p.a.
Less outgoings (estimated)
Council Rates $300.00 p.a.
Owner Corp $99.00 p.a. $399.00
Net income $1,891.92 p.a.
5.0% NET ROI = $37,838.40
“Going Concern Exemption available”
For further information contact Richard Crane on 0412 333 3... but act fast because these will not last.
Beat the banks with a better than 5.0 % NET return on investment and invest in the Blue-Chip South Yarra. Sought after, low maintenance investment.
• 100% occupied to corporate tenant
• No vacancy
• No advertising costs
• No letting fees
• No management fees
• No tenant maintenance
• Set and forget opportunity with strong yield.
Lease details:
Lease commencement 2/8/2021
Expiry 1/8/2023
Term: 2 Years
Option: 1 further term of 2 years
Annual increases: 2%
Financials:
Income
$210.00 pcm incl GST
$190.91 pcm excluding GST X 12 = $2,290.92 p.a.
Less outgoings (estimated)
Council Rates $300.00 p.a.
Owner Corp $99.00 p.a. $399.00
Net income $1,891.92 p.a.
5.0% NET ROI = $37,838.40
“Going Concern Exemption available”
For further information contact Richard Crane on 0412 333 3... but act fast because these will not last.
South Yarra, 3141 demographic data
The median household income for South Yarra is $2,063, 9% higher than Greater Melbourne's household income of $1,901. South Yarra has a younger age profile compared to the rest of Greater Melbourne (median age 33 vs 37). Property ownership data shows 47% of property owners in South Yarra have a mortgage.
25,028
Population
$2,063 per week
Median household income
33 years
Median age
Renters
Most residents
Singles
Most households
04123333...
391/11 Daly Street
South Yarra, VIC 3141
Cocoon Real Estate P/L - South Yarra24/209
SOUTH YARRA, VIC 3141
SOUTH YARRA, VIC 3141
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