Sold
Double Fronted Shop Leased to National Retail Giant Located in the Heart of Sale – Gippsland
301 Raymond Street, Sale VIC
Sold

Stonebridge Property Group is pleased to offer for sale 301 Raymond Street, Sale.

Key highlights include:

  • A highly versatile, open plan retail property with 11 m* of prime street frontage to Raymond Street – Sale’s main retail precinct
  • Positioned on a 257 sqm* Commercial 1 Zoned landholding with the flexibility of rear access to major shopping centre (Gippsland Centre Shopping Mall) anchored by Woolworths, Coles & Liquorland
  • Currently leased to Katie’s, which forms part of the hugely successful Mosaic Brands LTD, one of Australia’s largest retail groups with over 1,350 stores
  • Providing annual income of $34,384** + GST
  • Subject to a temporary 50% stamp duty concession – a major saving for investors
  • Katie’s is an established and longstanding fashion outlet spanning 137 stores across Australia (34 throughout Victoria)
  • Sale is located 260 km* east of the Melbourne CBD in the growing and popular tourist region of Gippsland home to 287,000* people

* Approximately
** Income as at 2nd December 2021

 

To obtain further information please contact the exclusive selling agents.

 

Are you interested in similar properties throughout Victoria’s southeast growth corridor? Click on the below link for a complete summary of the 12 properties within the Private Investor Portfolio:

https://stonebridge.com.au/privateinvestorportfolio/

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