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219-223 Koroit Street, Warrnambool VIC 3280

2. Property Highlights

Modern Office Building

A unique opportunity to acquire one Warrnambool's newest office buildings located in the heart of the CBD, built in 2012 designed by BDH Construction and designed by Mathew Morse Architect of Warrnambool.

The building is a two story multi office block, currently divided in to four Leases all under new Leases as of 2023. 219 Koroit Street is occupied by Maddens Lawyers encompassing 1039sqm over two floors with lift access to the first floor and basement carpark. 223 Koroit Street is divided in to three leases being Falk & Co Real Estate 100sqm, Wellway's 131sqm and Maddens Lawyers 165sqm offering a kitchen and toilet facilities including disabled.

The building includes a basement carpark for 21 vehicles and 12 carparks outside, currently returning $322,510.00 per annum plus GST over the entire property.
Located 3 hours Southwest of Melbourne, Warrnambool was voted the most liveable City and Region in Australia (Global Research company Ipos) situated on the great ocean road, Warrnambool is surrounded by lush rural landscapes and breath-taking ocean views and being the most productive farming regions.

Warrnambool is currently home to 35,000 people with aspirations of growing to 50,000 by 2035, the city has a $4.7 billion economy and is the centre of healthcare, education, sport, culture, and professional services for a regional population of 120,000 people. In addition, more than 700,000 tourists visit the city each year, the opportunities are endless.

The building is for sale by Expression of Interest closing 7th May at 4pm

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3. Property Location

219-223 Koroit Street, Warrnambool VIC 3280

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4. Due Diligence

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219-223 Koroit Street, Warrnambool VIC 3280 Warrnambool
Falk & Co
Falk & Co
1/223 Koroit Street, Warrnambool VIC 3280
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