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SOLD
388-394 Raymond Street, SALE, VIC 3850
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Property Highlights

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:

https://auctionnow.com.au/properties/80671

Knight Frank

James Thorpe

+61 414 510 071

[email protected]

Myles Neville

+61 425 662 272

[email protected]

Wellington Real Estate

Tony Kiss

+61 419 526 637

[email protected]

Remember to mention you found this property on DevelopmentReady.com.au

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