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48 Rae Street Colac, VIC 3250

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48 Rae Street,
Colac, VIC 3250

Shops & Retail • Showrooms & Large Format Retail • Warehouse, Factory & Industrial

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Blue Chip Commercial Investment

Large site of 1292sqm with solid steel, brick & colorbond building.
Securely leased to Reece Plumbing for 5 years with a further 5 year option. Current lease commenced 15/6/2011.
Reece P/L have traded from this site since 1999.
Current rental $32,400 pa + GST + outgoings
Property zoned B2 and provides secure yard space with ample carparking onsite.
Ideal for SMSF investors or others seeking the security of a bricks & mortar investment

Colac, 3250 demographic data

The median household income for Colac is $1,108, 20% lower than Regional Victoria's household income of $1,386. Colac has an older age profile compared to the rest of Regional Victoria (median age 44 vs 43). Property ownership data shows 41% of property owners in Colac have a mortgage.

9,243
Population
$1,108 per week
Median household income
44 years
Median age
Owners
Most residents
Families
Most households
04185935...
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48 Rae Street
Colac, VIC 3250

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