Sold
COMMERCIAL PREMISES WITH SECURE LONG-TERM TENANT
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316-322 Raglan Street, Sale VIC 3850

Last Asking Price - $1,400,000

IndustrialSize: n/a
Block size: 4395 m² approx.
- Three titles totalling approx. 4395m2.
- Zoned Industrial 1
- Modern Office premises at front
- Multiple car parking spaces
- Extensive large warehouse/workshop with 2 additional workshops at rear of premises
- Main warehouse has side door and rear door entry with 4.2m high clearance.
- Rear workshops have 3.5m high and 4.1m high clearance.
- Large solar panel system
- Sealed driveway, carpark, and yard throughout
- Multiple offices with large reception area
- Several spilt systems throughout office /reception area
- Staff change room with shower and toilet facilities.
- Two kitchen areas (one upstairs and one downstairs)

Currently leased to a long-term tenant Commenced 9 September 2022 on a 3-year lease, with 2 (two) further 3-year options. Currently providing approximately 7% return.
Inspections by appointment only. Please contact agent for further details.

Go to www.consumer.vic.gov.au/duediligencechecklist or visit the Gippsland Real Estate website https://www.gippslandrealestate.com and select the link for a Due Diligence Checklist

Inspections

No open inspections scheduled.

Send an enquiry

Contact Leo O'Brien to learn more about this property, request an inspection or take an online tour.

Key details

Property type:
Industrial
Block Size:
4395 *

Other Details

Lot:
2
Plan:
LP134738
Legal description:
2\LP134738
Gippsland Real Estate

Maps and area information

Block information
Block size: 4395 (approx)
Legal description: 2\LP134738
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
Sorry, overlays are not available for this address
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
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Property history

You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
25 Mar 2024
Sold
Gippsland Real Estate
Listed: 29/11/2023
Block size: 4395m²
Transfer type: Full transfer

Sale suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
44 years
Population
14,296
Listing ID: 182131982. This listing has been viewed 4 times. It was first displayed on 29/11/2023 and last updated on 25/03/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.