Telstra, 196-198 Raymond Street,
Sale, VIC 3850
Shops & Retail
Key property information
Land area
Floor area
Property extent
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$51,500
Number of Tenants
1 Tenant
Private inspections
to arrange a private inspection.
Wilson Property RCI
Ground Floor, 62 Church StreetTRARALGON, VIC 3844
Telstra, 196-198 Raymond Street
Sale, VIC 3850
Map of Telstra, 196-198 Raymond Street
Train stations within 5 km of Telstra, 196-198 Raymond Street, Sale, VIC 3850 Distance Sale Station 1.2 km POWERED BY HERE ©Bus stops within 5 km of Telstra, 196-198 Raymond Street, Sale, VIC 3850 Distance Sale College/82 Macallister St (Sale) 138 m Gippsland Shopping CentreCunninghame St Sale 270 m Cunninghame StYork St Sale 347 m 35 Reeve St 433 m MacArthur St/Raymond St (Sale) 458 m POWERED BY HERE ©
POWERED BY HERE ©
Prime CBD Investment Leased To Telstra Limited (ASX Listed)
> Outstanding investment property leased to Telstra Limited, one of Australia's top 20 ASX listed companies
> Highly sought CBD location set amongst some of Australia's biggest brands
> Rent $54,636.35 p.a + GST with fixed 3% annual increases
> Current 5 year lease term commenced 1st July 2022
> Tenant pays all outgoings including land tax
> Telstra have recently completed a refurbishment to the fit out in line with corporation specifications
> Building area - Ground floor 217sqm*, First floor 100qm* site area 471sqm*, on site car parking and rear laneway access
> A perfect income producing property with upside in a prized location
> Potential 50% stamp duty concession available ^
*(approx.)
(^ as of 10/1/2024)
> Highly sought CBD location set amongst some of Australia's biggest brands
> Rent $54,636.35 p.a + GST with fixed 3% annual increases
> Current 5 year lease term commenced 1st July 2022
> Tenant pays all outgoings including land tax
> Telstra have recently completed a refurbishment to the fit out in line with corporation specifications
> Building area - Ground floor 217sqm*, First floor 100qm* site area 471sqm*, on site car parking and rear laneway access
> A perfect income producing property with upside in a prized location
> Potential 50% stamp duty concession available ^
*(approx.)
(^ as of 10/1/2024)
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
Wilson Property RCIGround Floor, 62 Church Street
TRARALGON, VIC 3844
TRARALGON, VIC 3844
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