Banque 88 offers a unique opportunity to acquire a residential portfolio of 14 apartments, plus ground floor retail, situated in the heart of Southbank.
This towering residence features uninterrupted water views next door to the Crown Casino in Melbourne.
Banque 88 is easily accessible to public transport in all directions. Within a short stroll, Melbourne’s bustling city centre, the landmark Flinders Street railway station and various tram stations.
- 7-1 bedroom and 7-2 bedroom apartments, plus ground floor retail unit
- Fully fitted, providing Built in Robes and En-Suite bathrooms
- BOSCH appliances, reverse cycle air conditioning/heating, video security entrance
- Portfolio currently returning c.$167,484 per annum
- Potential to increase income to c.$239,000 per annum
- Total internal area 658.90sqm plus 33.40sqm external areas (approx.)
- Potential for stamp duty waiver for unsold development stock
Offering a choice of contemporary and classical colour schemes and living spaces that are clean and light-filled. Fully fitted kitchens are equipped with dishwasher, four-burner cooktops, fridge and microwave space, glass splashbacks and stone benchtops.
Carpeted bedroom and living areas complement tiled floors in kitchens and bathrooms. All apartments feature laundry areas, double-glazed windows, bronze sliding wardrobe doors, semi-frameless showers and surface mounted light fittings, with downlights in the kitchen and bathrooms.
For further information, please contact the Exclusive selling agents;
0452 405 782
0423 791 126