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
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Map of 56B Cunninghame Street
Train stations within 5 km of 56B Cunninghame Street, Sale, VIC 3850 Distance Sale Station 921 m POWERED BY HERE ©Bus stops within 5 km of 56B Cunninghame Street, Sale, VIC 3850 Distance Gippsland Shopping Centre/Cunninghame St (Sale) 43 m 35 Reeve St 244 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
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
56B Cunninghame Street
Sale, VIC 3850
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SALE, VIC 3850
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