Added 2 days ago
22-28 Bond Street,
Sale, VIC 3850
Warehouse, Factory & Industrial • Shops & Retail • Showrooms & Large Format Retail
Added 2 days ago
Key property information
Land area
Floor area
Parking info
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to arrange a private inspection.
RWC (Oakleigh) -
7-9 Atherton RoadOAKLEIGH, VIC 3166
04019716...
22-28 Bond Street
Sale, VIC 3850
Map of 22-28 Bond Street
Train stations within 5 km of 22-28 Bond Street, Sale, VIC 3850 Distance Sale Station 1.4 km POWERED BY HERE ©Bus stops within 5 km of 22-28 Bond Street, Sale, VIC 3850 Distance Sale College/82 Macallister St (Sale) 115 m Cunninghame StYork St Sale 470 m Gippsland Shopping CentreCunninghame St Sale 486 m 35 Reeve St 568 m MacArthur St/Raymond St (Sale) 667 m POWERED BY HERE ©
POWERED BY HERE ©
PRIME COMMERCIAL INVESTMENT WITH BLUE-CHIP TENANT
- Blue Chip Tenant
- Secure long term tenant since 1989
- Renewed 5 year lease from Feb 25
RWC (Oakleigh) is pleased to offer 22-28 Bond Street Sale for Sale.
When assessing a commercial investment, the quality and longevity of the tenant is paramount. With Lawrence & Hanson in occupation since 1989, this asset delivers proven income security from day one.
Lawrence & Hanson forms part of the global Sonepar Group, a market-leading electrical wholesaling group with an established and long-standing local presence. They operate in over 40 countries and widely regarded as one of the largest electrical wholesalers globally.
The tenant has recently exercised a five-year lease renewal commencing February 2025, providing secure income through to February 2030. The lease also includes one further five-year option, extending the potential tenancy to 2035.
The property now generates a current income of $73,000 P/A plus GST, with all outgoings fully recoverable from the tenant. This delivers a strong, stable net return underpinned by a blue-chip covenant.
The property has been well maintained and improved over time, including a new roof and enhanced set-down area. The site benefits from a wide 30m* frontage and a total land area of approximately 1,235m²*
Key property highlights include:
• Total building area | 603m²*
• Total land area | 1,235m²*
• Long term tenant since 1989
• New 5 year lease from Feb 2025 with option
• Strong street presence with wide frontage (30m*)
• Commercial 1 Zone (C1Z)
This is a high-quality, low-risk commercial investment opportunity, supported by a long-term tenant and strong income growth profile.
Contact the exclusive selling agents now to arrange for an inspection:
Ryan Amler | 0401 971 6...
Jonathan On | 0479 003 122
*All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.
All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property
When assessing a commercial investment, the quality and longevity of the tenant is paramount. With Lawrence & Hanson in occupation since 1989, this asset delivers proven income security from day one.
Lawrence & Hanson forms part of the global Sonepar Group, a market-leading electrical wholesaling group with an established and long-standing local presence. They operate in over 40 countries and widely regarded as one of the largest electrical wholesalers globally.
The tenant has recently exercised a five-year lease renewal commencing February 2025, providing secure income through to February 2030. The lease also includes one further five-year option, extending the potential tenancy to 2035.
The property now generates a current income of $73,000 P/A plus GST, with all outgoings fully recoverable from the tenant. This delivers a strong, stable net return underpinned by a blue-chip covenant.
The property has been well maintained and improved over time, including a new roof and enhanced set-down area. The site benefits from a wide 30m* frontage and a total land area of approximately 1,235m²*
Key property highlights include:
• Total building area | 603m²*
• Total land area | 1,235m²*
• Long term tenant since 1989
• New 5 year lease from Feb 2025 with option
• Strong street presence with wide frontage (30m*)
• Commercial 1 Zone (C1Z)
This is a high-quality, low-risk commercial investment opportunity, supported by a long-term tenant and strong income growth profile.
Contact the exclusive selling agents now to arrange for an inspection:
Ryan Amler | 0401 971 6...
Jonathan On | 0479 003 122
*All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.
All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property
Additional information
External websites
Sale, 3850 demographic data
The median household income for Sale is $1,327, 4% lower than Regional Victoria's household income of $1,386. Sale has a younger age profile compared to the rest of Regional Victoria (median age 42 vs 43). Property ownership data shows 44% of property owners in Sale have a mortgage.
14,296
Population
$1,327 per week
Median household income
42 years
Median age
Owners
Most residents
Families
Most households
RWC (Oakleigh) - 7-9 Atherton Road
OAKLEIGH, VIC 3166
OAKLEIGH, VIC 3166