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52-58 Corangamite Street, Colac, VIC, 3250

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52-58 Corangamite Street, Colac, VIC, 3250

Colac

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

Colac

SOLD
52-58 Corangamite Street, Colac, VIC, 3250
Properties / Sold / Victoria / Colac
Tenanted Investment
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, Mixed Use, Office Suites
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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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

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Tenanted Investment
Tenanted Investment

52-58 Corangamite Street Investment Summary

Property Type
Retail, Offices
Sub-type
Strip Retail, Mixed Use, Office Suites
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

Investment 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
Anthony McDonald
Anthony McDonald
+61 *** *** *** show +61 418 593 597

Download Development Site Report
Anthony McDonald
Anthony McDonald
+61 *** *** *** show +61 418 593 597

Property Location of 52-58 Corangamite Street, Colac, VIC, 3250

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Colac Suburb Report About this data Demographic data is sourced from the Australian Bureau of Statistics (ABS) 2021 Census and reflect conditions at the time of collection.

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52-58 Corangamite Street, Colac, VIC, 3250 Colac
Charles Stewart - Colac
Charles Stewart - Colac
56-60 Bromfield Street, Colac, VIC 3250
Anthony McDonald
Anthony McDonald
+61 *** *** *** show +61 418 593 597
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