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56B Cunninghame Street Sale, VIC 3850

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56B Cunninghame Street,
Sale, VIC 3850

Offices • Medical & Consulting • Shops & Retail

Price information

Sale

$850,000

Key property information

Land area

Floor area

Car spaces

Property extent

Tenure type

Private inspections

to arrange a private inspection.

Map of 56B Cunninghame Street

Directions
  • Train stations within 5 km of 56B Cunninghame Street, Sale, VIC 3850Distance
    Sale Station921 m
    POWERED BY HERE ©
  • Bus stops within 5 km of 56B Cunninghame Street, Sale, VIC 3850Distance
    Gippsland Shopping Centre/Cunninghame St (Sale)43 m
    35 Reeve St244 m
    Sale College/82 Macallister St (Sale)385 m
    MacArthur St/Raymond St (Sale)421 m
    Thomson St/MacArthur St (Sale)460 m
    POWERED BY HERE ©
POWERED BY HERE ©

Fantastic Office in a bustling location

A rare opportunity to secure a well-positioned commercial property in the heart of Sale's thriving business district. This investment is a guarantee with its current tenant Workforce Plus Inc, who is a reputable tenant specialising in workforce development and employment services. The current rent is set at $43,541.40 + GST per annum giving a healthy yield of 5.12%, with the lease expiring on 2nd July 2026. A further 3-year option has the potential to extend the term through to 2029! This lease also has annual CPI increases along with market reviews at term. The tenant is responsible for all outgoings, excluding land tax, providing a reliable and secure investment opportunity.
Why Invest?
1. Prime Location: Positioned directly across from Gippsland Centre Sale and moments from Sale's CBD, this property ensures excellent visibility and easy access for clients and staff alike.
2. Functional Design: Offering 10 offices, a large, shared office space, ample storage upstairs and at the rear of the property, and a welcoming reception area—perfect for any business operation.
3. Secure Tenancy: Leased to Workforce Plus Inc, a reliable organisation that covers all outgoings except land tax, providing a hassle-free investment.
For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist, or call us on (03) 5144 4333

Property ID: 504684412Last Updated: 23 Oct 2024

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56B Cunninghame Street
Sale, VIC 3850

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