93-97 Raymond Street, Sale, VIC 3850 | Property Value & History | OnTheHouse
OFF MARKET

93-97 Raymond Street
Sale VIC 3850

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 436m2
Land area: 837m2
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Property Details for 93-97 Raymond St, Sale

Building Type
Commercial
Floor Size
436m2
Land Size
837m2
Local Government
Wellington
Lot/Plan
1/TP808766

Last Listing description (August 2016)

Renewed 3 year lease to December 2018 plus option.
Sullivan Braham Pty Ltd: long established and successful legal firm with history dating back to the 1920's.
Annual CPI rent reviews/tenant pays usual outgoings.

Well maintained 436 sqm building with 14.5 metre retail frontage.
Large 836 sqm 'Commercial 1' landholding with rear access and 14 car spaces on title.
Single tenant minimum management investment.
Strategic location within Sale's legal and office precinct near law courts, new Wellington Shire council offices and metres from Sale's bustling retail heart.
Sale: Important Gippsland commercial service centre with growing trade catchment population exceeding 32,000 with estimated $500m to be injected into the local economy through the new RAAF Base contracts.
Rent: $70,000 pa.
Auction 11am Wednesday 18th May
River Room, Crown Casino, Melbourne

Property History for 93-97 Raymond St, Sale, VIC 3850

A timeline of how this property has performed in the market
Last Sold
$1,050,000
12 May 2016
Listed for Rent
16 Jun 2012
  • 08 Jul 2016
    Listed for Sale Not Disclosed
  • 12 May 2016
    Sold for $1,050,000
  • 21 Apr 2016
    Listed for Sale Not Disclosed
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About 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 8,969 properties. Over the last 5 years, Houses in Sale have seen a 40.39% increase in median value, while Units have seen a 36.38% increase. As at 31 August 2026:

  • The median value for Houses in Sale is $564,821 while the median value for Units is $363,346.
  • Houses have a median rent of $525 while Units have a median rent of $410.
There are currently 108 properties listed for sale, and 22 properties listed for rent in Sale on OnTheHouse. According to Cotality's data, 569 properties were sold in the past 12 months in Sale.

Suburb Insights for Sale 3850

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.