123-125 Franklin Street,
Traralgon
Sold1 of 7Blue Chip Commercial Investment Leased to Telstra Limited (ASX Listed)
Retail
259m2 FLOOR|337m2 LAND
Sold - $1,335,000
- Exceptional investment opportunity in absolute prime, main street location
- Leased to Telstra Limited, one of Australia's top 20 ASX listed companies
- Rent $74,263 p.a with 3% fixed annual increases
- Current lease term of 5 years commenced 1st of July 2022
- Tenant pays all outgoings including land tax
- Recently completed fit out by tenant to Telstra's latest specification
- Building area - 259sqm*, site area - 337sqm*, 6 on site titled car spaces and rear laneway access
- An absolute 'set and forget' investment on the best commercial retail strip in Traralgon only 75m* to Traralgon Centre Plaza
- Potential 50% stamp duty concession available ^
*(approx)
(^ as of 10/1/2024)
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