Telstra, 196-198 Raymond Street,
Sale

• Outstanding investment property leased to Telstra Limited, one of Australia's top 20 ASX listed companies
• Highly sought CBD location set amongst some of Australia's biggest brands
• Rent $54,636.35 p.a + GST with fixed 3% annual increases
• Current 5 year lease term commenced 1st July 2022
• Tenant pays all outgoings including land tax
• Telstra have recently completed a refurbishment to the fit out in line with corporation specifications
• Building area - Ground floor 217sqm*, First floor 100qm* site area 471sqm*, on site car parking and rear laneway access
• A perfect income producing property with upside in a prized location
• Potential 50% stamp duty concession available ^

*(approx.)
(^ as of 10/1/2024)