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52-58 Corangamite Street, Colac, VIC, 3250

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52-58 Corangamite Street, Colac, VIC, 3250

Colac

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Sold Check
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52-58 Corangamite Street, Colac, VIC, 3250

Colac

SOLD
52-58 Corangamite Street, Colac, VIC, 3250

52-58 Corangamite Street, Colac, VIC, 3250

Properties / Sold / Victoria / Colac
Tenanted Investment

1. Property Summary

Selling Method
Auction
Selling Details
Tuesday 12 November, 11:00am
Land Area
990 m² (*approx)
Floor Area
384 m² (*approx)
Property Type
Retail, Offices
Sub-type
Strip Retail, Office Suites, Mixed Use
Terms
Ten-year lease extends to 2028, with three further five-year terms to follow
Est. Income
$89,124 p/a
Fully Leased
Sinclair Wilson
Car Spaces
18
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2. Property Highlights

FINANCIAL SERVICES SECTOR INVESTMENT
  • Large parcel with development potential
  • Refurbished building
  • Blue chip tenant

Auction Location: 335 Camberwell Road, Camberwell

• A wonderful opportunity to acquire a first-class office building with a secure long-term lease to leading south west business advisory and accountancy practice.
• Well-appointed brick building of 380m² with a broad street frontage. Building was refurbished in 2018.
• Ten-year lease to Sinclair Wilson extends to 2028, with three further five-year terms to follow. Current income of $89,124 p. annum + GST with annual CPI increases applicable.
• Tenant pays all usual outgoings.
• Situated on a huge 990m² with additional (Bromfield) street frontage that offers further development potential.
• Convenient staff and customer carparking for 18 vehicles
• Sinclair Wilson are in the top 50 largest accounting and advisory practices in Australia and have a long history in south west Victoria, their long tenure on this site provides an opportunity for an astute investor to acquire a gold class investment.
• Colac is a growing and thriving regional city with a diverse economy that includes agriculture, manufacturing and heath care, and is a service hub for much of the South west.

AUCTION: Tuesday 12th November, from 11am at 335 Camberwell Rd, Camberwell

Read More
Tenanted Investment
Tenanted Investment

1. Property Summary

Property Type
Retail, Offices
Sub-type
Strip Retail, Office Suites, Mixed Use
Est. Income
$89,124 p/a
Tenant
Sinclair Wilson
Terms
Ten-year lease extends to 2028, with three further five-year terms to follow
Land Area
990 m² (*approx)
Floor Area
384 m² (*approx)
Car Spaces
18
Selling Method
Auction
Selling Details
Tuesday 12 November, 11:00am

2. Property Highlights

FINANCIAL SERVICES SECTOR INVESTMENT
  • Large parcel with development potential
  • Refurbished building
  • Blue chip tenant

Auction Location: 335 Camberwell Road, Camberwell

• A wonderful opportunity to acquire a first-class office building with a secure long-term lease to leading south west business advisory and accountancy practice.
• Well-appointed brick building of 380m² with a broad street frontage. Building was refurbished in 2018.
• Ten-year lease to Sinclair Wilson extends to 2028, with three further five-year terms to follow. Current income of $89,124 p. annum + GST with annual CPI increases applicable.
• Tenant pays all usual outgoings.
• Situated on a huge 990m² with additional (Bromfield) street frontage that offers further development potential.
• Convenient staff and customer carparking for 18 vehicles
• Sinclair Wilson are in the top 50 largest accounting and advisory practices in Australia and have a long history in south west Victoria, their long tenure on this site provides an opportunity for an astute investor to acquire a gold class investment.
• Colac is a growing and thriving regional city with a diverse economy that includes agriculture, manufacturing and heath care, and is a service hub for much of the South west.

AUCTION: Tuesday 12th November, from 11am at 335 Camberwell Rd, Camberwell

Read More
Tenanted Investment

3. Property Location

52-58 Corangamite Street, Colac, VIC, 3250

Property Map
52-58 Corangamite Street, Colac, VIC, 3250 Colac
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