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Treasure Hunters, 52-56 Murray Street, COLAC, VIC, 3250

2. Property Highlights

Entry Level Freehold Investment Leased to Longstanding Tenant
  • Renewed 3 year lease to October 2023
  • Large 727sqm site with C1Z Zoning
  • Tenant pays usual outgoings

+ Renewed 3 year lease plus options to 2029

+ Longstanding and successful business for 25 years

+ Substantial 645sqm* building with 14m double shop front

+ Significant 727sqm site with premium commercial 1 zoning

+ Prominent location surrounded by national tenants such as Bunnings, Coles, ANZ, NAB

+ Single tenant minimum management investment

+ Tenant pays usual outgoings

+ Colac: Strong commercial centre midway between Geelong and Warrnambool servicing a trade catchment in excess of 32,000

+ Colac Otway Shire: population forecast to grow by 25.2% in 2041**

+ Net Income: $48,000

For Sale by Investment Portfolio Auction

10:30am (AEDT) Wednesday 9 December

*Approx.

**Forecast ID

Remember to mention you found this property on CommercialReady.com.au

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3. Property Location

Treasure Hunters, 52-56 Murray Street, COLAC, VIC, 3250

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4. Due Diligence

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Treasure Hunters, 52-56 Murray Street, COLAC, VIC, 3250 Colac
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