Share this property
Burgess Rawson - Melbourne

101 - 103 Wallace Street Colac, VIC 3250


101 - 103 Wallace Street,
Colac, VIC 3250

Warehouse, Factory & Industrial • Development Sites & Land • Shops & Retail

Price information


Contact Agent

Key property information

Land area

Floor area

Property extent

Tenure type

Sold on

Burgess Rawson - Melbourne
Matthew Wright
Romanor Falconer
Sam Mercuri

Burgess Rawson - Melbourne

Level 20, 150 Lonsdale Street
Burgess Rawson - Melbourne
101 - 103 Wallace Street
Colac, VIC 3250

Map of 101 - 103 Wallace Street


Landmark 4,345sqm* Industrial Site | 100% Leased to Leading Tenants

  • Origin Energy - ASX Top 40 Company
  • Secure 5.17 Year Wale
  • Tenants Pay All Usual Outgoings
Burgess Rawson is pleased to offer to market ‘Origin Energy’ and ‘Colac Hire’ located at 101 - 103 Wallace Street, Colac VIC for sale via Investment Portfolio Auction 166.

The opportunity has the following key investment highlights:

+ Rare and affordable industrial anchored freehold investment with a strong 5+ year WALE.
+ Ten (10) year net lease to Origin Energy to 2028 plus one further option to 2033.
+ Renewed Six (6) year net lease to Colac Hire to 2030 plus two further options to 2040.
+ Origin Energy (ASX:ORG): one of Australia’s leading integrated electricity and gas retailers and top 40 ASX-listed company with a market cap of 13.97bn.*
+ Colac Hire: established and successful family run business of 48+ years.
+ Strong rental growth forecast with annual CPI and fixed 2.5% annual rent reviews.
+ Investor preferred net lease terms with tenants responsible for all usual outgoings as per lease.
+ Well-maintained 426sqm* industrial storage shed utilised for equipment hire plus origin energy office.
+ Substantial 4,345sqm* main road corner site with triple street frontage and exposure to 8,400 passing vehicles daily.**
+ Strategically positioned amongst Colac’s dominant industrial precinct, within metres from Australia Post delivery day centre, AKD Softwoods, Calco Timbers, Burson Autoparts, Dulux Trade Centre, and Hanson Australia.
+ Conveniently located 890m* from Colac’s CBD, underpinned by national retailers Coles, Bunnings, ALDI, Supercheap Auto, Petstock and Woolworths.
+ Colac: important commercial centre midway between Geelong and Warrnambool with a trade catchment well over 32,000 extending to the Great Ocean Road.
+ Colac Otway Shire: an important manufacturing region, generating over $4.1 billion in annual economic output.***
+ Potential 50% stamp duty savings.
+ Combined Net Income: $88,467 pa* + GST

For Sale by Investment Portfolio Auction
10:30am AEDT Wednesday 21 February 2024
Crown Casino, Melbourne

*** REMPlan

Property ID: 504501548Last Updated: 4 Apr 2024

progress tick

Sending email...

Make an enquiry

What's your enquiry about?


Enter your details

Name (required)
Email address (required)
Phone number

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

More properties from Burgess Rawson - Melbourne

Other properties you might be interested in based on the location and property type you are looking at.