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162 Murray Street, Colac, VIC, 3250

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162 Murray Street, Colac, VIC, 3250

Colac

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162 Murray Street, Colac, VIC, 3250

Colac

162 Murray Street, Colac, VIC, 3250

162 Murray Street, Colac, VIC, 3250

Properties / Buy / Victoria / Colac
Tenanted Investment
Selling Method
For Sale
Selling Details
$1,200,000
Land Area
395 m² (*approx)
Floor Area
250 m² (*approx)
Property Type
Retail
Est. Income
$63,500 p/a
Fully Leased
Australia Postal Corporation
Car Spaces
2
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ADDRESS YOUR FUTURE
  • Prime Colac location
  • Two street frontages
  • Tenant pays land tax

This offering is an opportunity to acquire a commercial freehold situated in a prime location in Colac's retail precinct. Leased to Australia Postal Corporation the property benefits enormously from having rear access directly from the popular Johnstone's public carpark.

The 250m² brick building includes retail area, plus mail sorting, parcel delivery and post office boxes. The lease is a renewed three term, commenced in December 2024 and provides two further three-year terms. Current rent is $63,500 per annum plus GST and tenant pays all outgoings including land tax.

The site is 395m² with rear access and zoned commercial 1. The property is located among retailers including Kmart and Cheap as Chips and on the same block as two major banks.

Undoubtably a first-rate investment asset, with the security of an Australian government owned corporation as the long-term tenant.

Remember to mention you found this property on CommercialReady

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Dataroom
Tenanted Investment
Tenanted Investment

162 Murray Street Investment Summary

Property Type
Retail
Est. Income
$63,500 p/a
Number Of Tenants
1
Tenant
Australia Postal Corporation
Land Area
395 m² (*approx)
Floor Area
250 m² (*approx)
Car Spaces
2
Selling Method
For Sale
DATAROOM AVAILABLE
Gain Access
Selling Details
$1,200,000

Investment Highlights

ADDRESS YOUR FUTURE
  • Prime Colac location
  • Two street frontages
  • Tenant pays land tax

This offering is an opportunity to acquire a commercial freehold situated in a prime location in Colac's retail precinct. Leased to Australia Postal Corporation the property benefits enormously from having rear access directly from the popular Johnstone's public carpark.

The 250m² brick building includes retail area, plus mail sorting, parcel delivery and post office boxes. The lease is a renewed three term, commenced in December 2024 and provides two further three-year terms. Current rent is $63,500 per annum plus GST and tenant pays all outgoings including land tax.

The site is 395m² with rear access and zoned commercial 1. The property is located among retailers including Kmart and Cheap as Chips and on the same block as two major banks.

Undoubtably a first-rate investment asset, with the security of an Australian government owned corporation as the long-term tenant.

Remember to mention you found this property on CommercialReady

Read More
Dataroom
Tenanted Investment

Property Location of 162 Murray Street, Colac, VIC, 3250

Property Map
162 Murray Street, Colac, VIC, 3250 Colac
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