Newly refurbished, ground floor offices spanning 389m²
~4.2% p.a. estimated net rental yield
$104 Initial Brick Price
ZERO buy transaction fees when you pre-order Bricks. T&Cs apply.
We’re excited to announce pre-orders in our first commercial property 121 Arden Street North Melbourne are now live!
Located 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 estimated net rental returns of ~4.2% p.a. from two secure and established tenants with capital growth potential.
121 Arden St, North Melbourne VIC 3051
Annual historic precinct growth of ~7.99%1
Estimated net rental yield of 4.2% p.a.2
50% gearing on property purchase
Initial brick price of $104
There are no transaction fees on the Bricks during the pre-order period.
Offer ends at 2pm on 14 July 2021 or until sold out. See T&Cs here.
If you have not done so already, deposit funds into your BrickX wallet using BPAY® or POLi now.
Please ensure you have accessed, read and understood our PDS, FSG & Additional Disclosure Document in considering if this investment is right for you.
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.