96 Raymond Street,
Sale, VIC 3850
Shops & Retail • Other
Price information
Sold
$379,500
Key property information
Land area
Floor area
Sold on
Map of 96 Raymond Street
THE PERFECT COMMERCIAL INVESTMENT PROPERTY
This immaculate commercial freehold situated in a prime location at the Southern end of Raymond Street close to a host of vibrant businesses, new Wellington Shire offices and the Port of Sale cultural hub, is one that should be on top any astute investor’s wish list.
There is an A1 tenant in occupation on a 7 year lease which concludes on the 31/8/2018 with another 2 options, potentially taking the lease up to 2021.
The current rental is $27,751.44 PA plus GST and the tenant pays all outgoings including rates, water rates & insurance. There are annual rental increases linked to CPI and a market review at the option renewals.
The property is just spot on and offers in the region of 140sqm of retail/office space over the two levels with the shop comprising 2 showrooms two the front and a large workshop area with full access to the rear and staff amenities. Upstairs includes two spacious offices, landing area, full bathroom and a storeroom.
The property sits on 150sqm of land in this prime location.
So if you are in the market for a high quality commercial investment with a high quality tenant in a prime location then 96 Raymond Street, Sale should be on your radar.
There is an A1 tenant in occupation on a 7 year lease which concludes on the 31/8/2018 with another 2 options, potentially taking the lease up to 2021.
The current rental is $27,751.44 PA plus GST and the tenant pays all outgoings including rates, water rates & insurance. There are annual rental increases linked to CPI and a market review at the option renewals.
The property is just spot on and offers in the region of 140sqm of retail/office space over the two levels with the shop comprising 2 showrooms two the front and a large workshop area with full access to the rear and staff amenities. Upstairs includes two spacious offices, landing area, full bathroom and a storeroom.
The property sits on 150sqm of land in this prime location.
So if you are in the market for a high quality commercial investment with a high quality tenant in a prime location then 96 Raymond Street, Sale should be on your radar.
Property ID: 501798190Last Updated: 22 Mar 2016
04193818...
96 Raymond Street
Sale, VIC 3850
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