8/11 Foster Street,
Sale, VIC 3850
Showrooms & Large Format Retail • Other
Price information
Sold
$1,630,000
Key property information
Land area
Floor area
Property extent
Tenure type
Sold on
Map of 8/11 Foster Street
Blue Ribbon Investment
This property is prominently located at the gateway to Sale's City Centre which is the capital for retail, commercial, administrative, education and civic activities in the Wellington Shire. Nearby tenants include Dahlsens, Petstock, Fur Life Vet and Carpet Country. Foster Street is the primary highway retail, showroom and car yard precinct for Sale with excellent exposure and access to the Princes Highway which is the main east bound thoroughfare to Sale from Melbourne. The property is occupied under lease to Knauf Pty Ltd who are the leading manufacturer of plasterboard, joint compounds, and metal framing in Australia. Knauf Gypsum Pty Ltd was formerly known as USG Boral but is now owned 100% by the Knauf Group based in Germany.
Lease Details:-
Term 5 Years commencing 1/6/2023.
Annual Rent $96,720 plus GST
Annual 3% Rent Review
Options consist of two terms each of 5 Years.
Outgoings paid by the Lessee
Lease Details:-
Term 5 Years commencing 1/6/2023.
Annual Rent $96,720 plus GST
Annual 3% Rent Review
Options consist of two terms each of 5 Years.
Outgoings paid by the Lessee
Property ID: 504356448Last Updated: 26 Sep 2023
04198780...
8/11 Foster Street
Sale, VIC 3850
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