196-200 Murray Street,
Colac, VIC 3250
Shops & Retail • Development Sites & Land
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Map of 196-200 Murray Street
Fully Leased Investment With Big Upside
- 3 Shops On 3 Titles, Sold In One Line
- $650,000 Buyers
- Contiguous Land Holding of 950 sqm
Fully Leased investment with established tenants including Toyworld, 'Offshore' Surf Shop and 'Oakmoss' Cafe/Florist.
Annual rent increases, tenants pay usual outgoings.
Highly prominent corner exposure to central Coles & Woolworths and amongst McDonalds, KFC, Bank of Melbourne etc.
3 shops totalling 875 sqm providing dual retail frontage of 35m.
Contiguous land holding of 950 sqm with future development potential (STCA).
Zoned Commercial 1: Premium retail zoning.
Underlet: Rent below market at an average of $55 psm pa.
Colac: A significant regional centre, midway between Geelong & Warrnambool with estimated trade catchment of 30,000.
Rent: $47,510 pa.
Auction 11am AEST Wednesday 15 April.
River Room, Crown Casino, Melbourne.
Annual rent increases, tenants pay usual outgoings.
Highly prominent corner exposure to central Coles & Woolworths and amongst McDonalds, KFC, Bank of Melbourne etc.
3 shops totalling 875 sqm providing dual retail frontage of 35m.
Contiguous land holding of 950 sqm with future development potential (STCA).
Zoned Commercial 1: Premium retail zoning.
Underlet: Rent below market at an average of $55 psm pa.
Colac: A significant regional centre, midway between Geelong & Warrnambool with estimated trade catchment of 30,000.
Rent: $47,510 pa.
Auction 11am AEST Wednesday 15 April.
River Room, Crown Casino, Melbourne.
Property ID: 501496751Last Updated: 15 Aug 2016
04118608...
196-200 Murray Street
Colac, VIC 3250
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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