Newly refurbished, ground floor offices spanning 389m²
~4.4% p.a. estimated average net rental yield
Approx. $104 Initial Brick Price
We are pleased to announce our first commercial property located at 121 Arden Street, North Melbourne is launching very soon!
Situated in the Arden Precinct of North Melbourne, on the cusp of the CBD and within walking distance to the new Metro Rail Network, this premium investment of newly refurbished offices spanning 389m² offers rental returns from 2 secure and established tenants with growth potential.
121 Arden St, North Melbourne VIC
Annual historic precinct growth of ~7.99%1
Estimated net rental yield of 4.4% p.a.2
50% gearing on property purchase
Initial brick price of $104 (approx)
Interested? We will be announcing the date for opening of pre-orders in this property soon so please keep an eye out for further emails.
The Additional Disclosure Document for this investment is currently being finalised and will be made available shortly for you to consider if this investment is right for you. See brickx.com/pds
1 Cumulative average growth rate of the median price per m2 for office sales over $5M in Melbourne City Fringe precinct. Source: Colliers Research.
2 Based on estimated property rental income of $2,118.44 /week.