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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

Under Offer
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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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

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162 Murray Street, Colac, VIC, 3250

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

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162 Murray Street, Colac, VIC, 3250 Colac
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