Lot 7/238 Flinders Street,
Melbourne, VIC 3000

Shops & Retail • Offices • Other

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Map of Lot 7/238 Flinders Street

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Unique and Affordable CBD Property Investment

Signage property with secure rental
Rare investment opportunity
Melbourne’s busiest intersection

A rare first time offered investment opportunity.
High profile signage property with secure rental.
Located overlooking the corner of Swanston and Flinders Street, Melbourne's busiest intersection and opposite Flinders Street Railway Station.
New $1million plus state of the art digital signage upgrade.
Recently renewed 15 + 9 year lease to 2039 to Digital Outdoor Media (VIC) Pty Ltd, a leading Australian marketing company.
Annual CPI and 5 year market reviews with tenant paying all usual outgoings.
View and access agreement with adjoining property.
High Yield Anticipated, Circa 10%.
Rent: $357,000 pa.

Auction 11am AEST Wednesday 5 August
River Room, Crown Casino Melbourne

Melbourne, 3000 demographic data

The median household income for Melbourne is $1,448, 24% lower than Greater Melbourne's household income of $1,901. Melbourne has a younger age profile compared to the rest of Greater Melbourne (median age 29 vs 37). Property ownership data shows 47% of property owners in Melbourne have a mortgage.

54,941

Population

$1,448 per week

Median household income

29 years

Median age

Renters

Most residents

Singles

Most households

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