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216-228 Raymond Street Sale VIC 3850

  • Shop & Retail
  • 1,908 m²
  • For Sale, Contact Agent

10-YEAR LEASE TO SPOTLIGHT ON 6,774SQM* OF CITY CENTRE LAND

    Stonebridge Property Group is pleased to present for sale 216-228 Raymond Street, Sale.

    - A well located, fully leased land rich investment located in the heart of Sale & anchored by an investor favoured 10-year lease to longstanding national powerhouse retailer Spotlight Pty Ltd

    - Spotlight Group is the $4bn private company also behind Anaconda, Mountain Designs, Harris Scarfe & Spotlight

    - Substantial city centre 6,774sqm* Commercial 1 Zoned landholding plus 117* at-grade car parks and future expansion potential (STCA)

    - Currently providing net annual income of $246,134* (after land tax) through four (4) separate tenancies (~72% of income is derived via Spotlight Pty Ltd)

    - Well exposed 1,908sqm* building with 27.6m* of prime Raymond Street frontage plus rear access via the busy Cunninghame Street

    - Located on Raymond Street, the retail backbone of Sale connecting Princes Hwy to the town centre, home to all the major banks, Harvey Norman and a number of other national retailers

    - Within 200m* of Gippsland Centre Shopping Mall anchored by Woolworths, Coles & Liquorland

    - Sale is located 260km* east of the Melbourne CBD in the growing and popular tourist region of Gippsland home to 287,000* people

    *Approximately

    216-228 Raymond Street, Sale is for sale by Expressions of Interest closing Wednesday 30th June 2021 at 2:00pm (AEST).

    To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group:

    Rorey James
    0439 400 081

    Nic Hage
    0448 782 594

    Kevin Tong
    0422 848 818

    Property Code: 260

    Rorey James
    Stonebridge Property Group VIC
    Rorey James
    Stonebridge Property Group VIC
    Nic Hage
    Stonebridge Property Group VIC
    Nic Hage
    Stonebridge Property Group VIC
    Kevin Tong
    Stonebridge Property Group VIC
    Kevin Tong
    Stonebridge Property Group VIC

    Property Highlights

    Property ID2017022661
    Floor Area1,908 m²
    Land Area6,774 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Category
    Last updated  10 Jun 2021
    Map for 216-228 Raymond Street Sale VIC 3850
    Map for 216-228 Raymond Street Sale VIC 3850216-228 Raymond Street Sale VIC 3850
    Rorey James
    Stonebridge Property Group VIC
    Rorey James
    Stonebridge Property Group VIC
    Nic Hage
    Stonebridge Property Group VIC
    Nic Hage
    Stonebridge Property Group VIC
    Kevin Tong
    Stonebridge Property Group VIC
    Kevin Tong
    Stonebridge Property Group VIC

    Property Highlights

    Property ID2017022661
    Floor Area1,908 m²
    Land Area6,774 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Category
    Last updated  10 Jun 2021
    Stonebridge Property Group VIC
    Level 3, 111 Coventry Street Southbank VIC 3006
    Rorey James
    Stonebridge Property Group VIC
    Rorey James
    Stonebridge Property Group VIC
    Nic Hage
    Stonebridge Property Group VIC
    Nic Hage
    Stonebridge Property Group VIC
    Kevin Tong
    Stonebridge Property Group VIC
    Kevin Tong
    Stonebridge Property Group VIC
    Rorey James

    Rorey James

    Stonebridge Property Group VIC

    Nic Hage

    Nic Hage

    Stonebridge Property Group VIC

    Kevin Tong

    Kevin Tong

    Stonebridge Property Group VIC

    +61 *** ***
    +61 439 400 081

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