2/490 Raymond St, Sale is a 1 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1970. The property has a land size of 599m2 and floor size of 63m2.
Situated in a top class location, just a short walk to Sale's CBD is this block of two, one bedroom units. Both are in very good condition, fully let and each contain one bedroom, one bathroom, kitchen/meals, separate living area, laundry plus gas heating and split system air conditioning. There is undercover parking at the back of the block for each unit.
Unit 1 - Leased until 18/6/2022 at $185 per week
Unit 2 Leased until 24/5/2022 at $195 per week
Currently leased to good long-term tenants, this investment opportunity is well worth your consideration. Contact Matt Cutler for further information.
For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist
Or call us on (03) 5144 4333
The size of Sale is approximately 46.0 square kilometres. There are 35 parks, covering nearly 2.8% of the total area. The population of Sale in 2016 was 13673 people. By 2021 the population was 14296 showing a population growth of 4.6% in the area during that time. The predominant age group in Sale is 30-39 years. Households in Sale are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Sale work in a professional occupation.In 2021, 64.50% of the homes in Sale were owner-occupied compared with 63.90% in 2016.
Sale has 8,978 properties. Over the last 5 years, Houses in Sale have seen a 48.39% increase in median value, while Units have seen a 41.16% increase. As at 30 June 2026:
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