123-125 Franklin Street, Traralgon VIC 3844
SoldRetail
Blue Chip Commercial Investment Leased to Telstra Limited (ASX Listed)
> Exceptional investment opportunity in absolute prime, main street location
> Leased to Telstra Limited, one of Australia’s top 20 ASX listed companies
> Rent $74,263 p.a with 3% fixed annual increases
> Current lease term of 5 years commenced 1st of July 2022
> Tenant pays all outgoings including land tax
> Recently completed fit out by tenant to Telstra’s latest specification
> Building area – 259sqm*, site area – 337sqm*, 6 on site titled car spaces and rear laneway access
> An absolute ‘set and forget’ investment on the best commercial retail strip in Traralgon only 75m* to Traralgon Centre Plaza
> Potential 50% stamp duty concession available ^
*(approx)
(^ as of 10/1/2024)
Property Features
- Retail
- Land is 337 m²
- Floor Area is 259 m²
- Satellite