Sold
Longstanding Government Building Secured by the State of Victoria and the Commonwealth of Australia
146-154 York Street, Sale VIC
Stonebridge Property Group is pleased to present for sale 146-154 York Street, Sale.
- A longstanding Government building (since 1996) secured by the State of Victoria and the Commonwealth of Australia
- High quality improvements having undergone several extensions and upgrades to comply with Government standards, the most recent being in 2021
- Positioned on major 4,404 sqm* landholding with 44 car parks on-title, between Australia Post and Dan Murphy’s
- Sale is within the growing and popular tourist region of Gippsland, home to 287,000* people
- 5-year lease to the State of Victoria and 7-year lease to the Commonwealth of Australia
- Net annual income of $660,272^ + GST & outgoings, with strong fixed annual rental increases
*Approximately
^Approximate as at April 2022
To obtain further information, please contact the exclusive selling agents.