3/50 Desailly StreetSale VIC 3850
Property Details for 3/50 Desailly St, Sale
Last Listing description (September 2024)
This outstanding office facility situated just on the edge of the CBD represents an amazing opportunity for the astute investor!
There is a secure lease in place with Sale Denture Clinic at a rental of $25,263.24 PA plus GST & outgoings providing a yield of 6.3%. This lease expires in late 2025 with a fix 2% annual increase and a market review at term, with one further option of three years remaining.
No expense has been spared over the few years fully refurbishing the whole building with new floorcoverings, full internal repaint, six air conditioners and sound proofing of the internal walls.
The bathroom needs are covered by shared facilities accessed from the hallway.
With ample on street parking and its close proximity to the main street and shopping centre it is the perfect location!
Enquire now before it's too late.
For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist Or call us on (03) 5144 4333
Property History for 3/50 Desailly St, Sale, VIC 3850
- 03 May 2024Listed for Sale $399,950
- 01 Aug 2019Sold for $200,000
- 13 Jun 2019Listed for Sale Reduced to $219,000
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0About Sale 3850
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 8,975 properties. Over the last 5 years, Houses in Sale have seen a 44.51% increase in median value, while Units have seen a 37.05% increase. As at 31 July 2026:
- The median value for Houses in Sale is $567,646 while the median value for Units is $355,949.
- Houses have a median rent of $520 while Units have a median rent of $410.
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