196-198 Raymond Street,
Sale, VIC 3850
Shops & Retail
Price information
Sale
$899,000 excl. GST
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.
Map of 196-198 Raymond Street
Train stations within 5 km of 196-198 Raymond Street, Sale, VIC 3850 Distance Sale Station 1.2 km POWERED BY HERE ©Bus stops within 5 km of 196-198 Raymond Street, Sale, VIC 3850 Distance Sale College/82 Macallister St (Sale) 138 m Gippsland Shopping Centre/Cunninghame St (Sale) 260 m Cunninghame St/York 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 $53,045 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 $53,045 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)
Property ID: 504489640Last Updated: 11 Nov 2024
196-198 Raymond Street
Sale, VIC 3850
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