SOLD
Sold on 29 Feb 2024 for $35,000

454/58-64 Franklin Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: -
Car spaces: 1
Land area: 2023m2
Sold By
Jellis Craig Armadale
Save

Property Details for 454/58-64 Franklin St, Melbourne

Building Type
Commercial
Year Built
2009
Land Size
2023m2
Local Government
Melbourne
Lot/Plan
454/PS442086

Last Listing description (January 2022)

454/58 Franklin Street, Melbourne.

This car park will suit an owner occupier who appreciates the convenience of a mid-level car space with lift access. This car park will not last and is exceedingly difficult to replace once it is gone due to its position and convenience.


Location:

Highly sought-after location close to Victoria Market, RMIT, and the North end of the CBD. One of only a few strata car park buildings in the CBD, where you can actually own a strata-titled car space.

Naturally, the car park can also be leased privately should you not require immediate use or future use. Estimate of rent for permanent lease is $300.00 per calendar month.

Act fast as this will go quickly.

For further information please contact Richard Crane on 0412 333 331

Property History for 454/58-64 Franklin St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$35,000
29 Feb 2024
  • 29 Feb 2024
    Sold for $35,000
  • 02 Dec 2021
    Sold for $30,000
  • 20 Aug 2021
    Listed for Sale Contact Agent

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About Melbourne 3000

The size of Melbourne is approximately 2.7 square kilometres. It has 9 parks covering nearly 2.5% of total area. The population of Melbourne in 2011 was 28,370 people. By 2016 the population was 47,293 showing a population growth of 66.7% in the area during that time. The predominant age group in Melbourne is 20-29 years. Households in Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Melbourne work in a professional occupation. In 2011, 34.7% of the homes in Melbourne were owner-occupied compared with 29% in 2016.

Melbourne has 60,880 properties. Over the last 5 years, Houses in Melbourne have seen a -37.57% decrease in median value, while Units have seen a 0.09% increase. As at 30 September 2024:

  • The median value for Houses in Melbourne is $742,012 while the median value for Units is $459,555.
  • Houses have a median rent of $600 while Units have a median rent of $650.
There are currently 306 properties listed for sale, and 272 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 1935 properties were sold in the past 12 months in Melbourne.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.