196-198 Raymond Street Sale VIC 3850

> 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 $51,500 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 ^

For Sale via Expression of Interest closing Friday 24th May 2024 at 3:00pm
(if not sold prior)

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