General
Portfolio of Car Parks For Sale
A unique opportunity has hit the market recently with the offering of a portfolio of car parks in Melbourne. The portfolio is being marketed by Paul Burns and Chris James of Fitzroys.
Included is the car park at 1 Queens Road. It comprises 523 car parking bays plus 61 storage units and has a net income of $1,174,114 and a six-year lease. The car park is below St Kilda Road Towers, a 15-storey office/accommodation building.
At 480 Collins Street is apparently the only car park with direct…
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