$870,000 - $950,000 + GST

4

1

HISTORIC RESIDENCE & COMMERCIAL COMBINATION OPPORTUNITY

This classic Heritage building described as Sale’s finest when completed in 1930. Designed by Bates Smart & McCutcheon, then Australia’s premiere Architectural practice.
Located on a prominent corner at the cultural end of Raymond Street and around the corner from the Esso BHP Billiton Wellington Cultural precinct, it offers high exposure and numerous possibilities.
This landmark building has great versatility and with its multiple rooms of varying sizes provides a variety of spaces for many different uses. The concrete floor and high ceilings on the upper level provide the canvas for an expansive New York Style Apartment of large proportions.
The ultimate use is to renovate the first floor into a six star penthouse comprising two large bedrooms and associated bathroom, palatial master bed room, robe and en-suite, open plan living, luxurious kitchen and various decked areas for indoor and outdoor living as well the potential for an extension over the southern chamber and the addition of a lift to make your life a little easier.
With three separate entrances there is the potential to create two commercial spaces downstairs which can be either leased out to create an income stream or be utilised for your own business purposes. This is a great investment opportunity.
Currently zoned Commercial 1 on a 648m2 corner site with a total floor space of approximately 610m2 the possibilities are endless.
Enquire today and make your dream a reality.

118 - 124 Raymond Street, Sale

$870,000 - $950,000 + GST

4

1

Description
HISTORIC RESIDENCE & COMMERCIAL COMBINATION OPPORTUNITY

This classic Heritage building described as Sale’s finest when completed in 1930. Designed by Bates Smart & McCutcheon, then Australia’s premiere Architectural practice.
Located on a prominent corner at the cultural end of Raymond Street and around the corner from the Esso BHP Billiton Wellington Cultural precinct, it offers high exposure and numerous possibilities.
This landmark building has great versatility and with its multiple rooms of varying sizes provides a variety of spaces for many different uses. The concrete floor and high ceilings on the upper level provide the canvas for an expansive New York Style Apartment of large proportions.
The ultimate use is to renovate the first floor into a six star penthouse comprising two large bedrooms and associated bathroom, palatial master bed room, robe and en-suite, open plan living, luxurious kitchen and various decked areas for indoor and outdoor living as well the potential for an extension over the southern chamber and the addition of a lift to make your life a little easier.
With three separate entrances there is the potential to create two commercial spaces downstairs which can be either leased out to create an income stream or be utilised for your own business purposes. This is a great investment opportunity.
Currently zoned Commercial 1 on a 648m2 corner site with a total floor space of approximately 610m2 the possibilities are endless.
Enquire today and make your dream a reality.

Agent Details
Agency Details
Graham Chalmer Pty Ltd

location

237-239 Raymond Street, Sale VIC 3850

phone

Key Details
property ID 1823544
land size 648m2
build size 610m2
Media
Location