388-394 Raymond Street,
Sale, VIC 3850
Key property information
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)
- 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:
+61 414 510 0...
+61 425 662 2...
Wellington Real Estate
+61 419 526 6...
Property ID: 503941402Last Updated: 26 May 2022