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Wellington Real Estate Pty Ltd

388-394 Raymond Street Sale, VIC 3850


388-394 Raymond Street,
Sale, VIC 3850

Offices • Shop & Retail • Development Sites & Land

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Wellington Real Estate Pty Ltd
Tony Kiss

Wellington Real Estate Pty Ltd

236 - 288 Raymond Street
SALE, VIC 3850
Wellington Real Estate Pty Ltd
388-394 Raymond Street
Sale, VIC 3850

Map of 388-394 Raymond Street


Securely Leased Commercial Investment with Upside

  • Substantial 1,407 sqm* landholding
  • Securely leased until March 2024
  • Future development potential (STCA)
Knight Frank and Wellington Real Estate are proud to present 388-394 Raymond Street, Sale.

- A superbly positioned, fully leased investment located in the heart of Sale
- Securely leased to Sales largest accounting firm (Phillipsons Accountants) until March 2024, having traded from the property since 2004.
- Currently returning $132,921 net per annum, with yearly CPI increases.
- Substantial city centre 1,407 sqm* Commercial 1 Zoned landholding with direct access to over 200 carparks.
- Well exposed building with 13.97m* frontage to Raymond Street with additional access and parking at rear.
- Prime positioning on Raymond Street, the retail and commercial epicentre of Sale.
- Irreplaceable commercial location just 200m* from major retailers like Woolworths, Coles, Bunnings and Chemist Warehouse.
- Favourable zoning, regular lot shape and dual access provide for a range of potential future development outcomes (STCA).

388-394 Raymond Street, Sale is for sale via an in-room/online auction on Friday 26 November at 1pm (AEDT).

To obtain further information or to arrange an inspection, please contact the exclusive selling agents below.

Auction Now Link:

Knight Frank

James Thorpe
+61 414 510 0...

Myles Neville
+61 425 662 2...

Wellington Real Estate

Tony Kiss
+61 419 526 6...

Property ID: 503941402Last Updated: 26 May 2022

Wellington Real Estate Pty Ltd
236 - 288 Raymond Street
SALE, VIC 3850
Knight Frank - Melbourne
Level 29, 120 Collins St
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