229-231 Raymond Street Sale VIC 3850

Situated in the “Blue Chip” section of Sale’s main street this fantastic freehold has the advantage of four separate tenancies with leases that provide for multiple option periods. The land approximately is 399m2 and building approximately 363 m2 with a huge public car park at the rear which has access to Raymond Street via the arcade between this building and the adjoining freehold. The gross rent is currently $47,278.08 which provides an attractive 7.68% return. A great opportunity to purchase a freehold where your income is not restricted to one tenancy. Being offered for sale for the 1st time in a long time!