388-394 Raymond Street,
Sale, VIC 3850
Offices • Shops & Retail • Development Sites & Land
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Property extent
Zoning
Tenure type
Sold on
Wellington Real Estate Pty Ltd - SALE
236 - 238 Raymond Street SALE & 136 Johnson Street MaffraSALE, VIC 3850
388-394 Raymond Street
Sale, VIC 3850
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)
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 0...
james.thorpe@au.knightfrank.com
Myles Neville
+61 425 662 272
myles.neville@au.knightfrank.com
Wellington Real Estate
Tony Kiss
+61 419 526 6...
tkiss@wress.com.au
- 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 0...
james.thorpe@au.knightfrank.com
Myles Neville
+61 425 662 272
myles.neville@au.knightfrank.com
Wellington Real Estate
Tony Kiss
+61 419 526 6...
tkiss@wress.com.au
Property ID: 503941402Last Updated: 9 Jul 2023
Wellington Real Estate Pty Ltd - SALE236 - 238 Raymond Street SALE & 136 Johnson Street Maffra
SALE, VIC 3850
SALE, VIC 3850
Knight Frank - Melbourne29/120 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
More properties from Wellington Real Estate Pty Ltd - SALE
Other properties you might be interested in based on the location and property type you are looking at.