52 Rae Street,
Colac, VIC 3250
Shops & Retail
Key property information
Land area
Floor area
Car spaces
Parking info
Sold on
Map of 52 Rae Street
Solid & Versatile Colac Investment
High Yielding Investment Property
* Four separate tenancies located on a single allotment, situated in the heart of Colac's retail precinct.
* Total building area of approximately 470 sqm on a well proportioned 1061sqm site.
* Three well appointed retail outlets with excellent exposure and one caretaker unit.
* Four seperate current leases to excellent tenants with future options and CPI reviews.
* Income stream of $59,254 per annum, providing a yield greater than 9% p.a gross.
* Zoned B2, the site includes a sealed rear carpark
* A secure investment opportunity, close to recent supermarket development and brand new Home hardware mega store.
* Four separate tenancies located on a single allotment, situated in the heart of Colac's retail precinct.
* Total building area of approximately 470 sqm on a well proportioned 1061sqm site.
* Three well appointed retail outlets with excellent exposure and one caretaker unit.
* Four seperate current leases to excellent tenants with future options and CPI reviews.
* Income stream of $59,254 per annum, providing a yield greater than 9% p.a gross.
* Zoned B2, the site includes a sealed rear carpark
* A secure investment opportunity, close to recent supermarket development and brand new Home hardware mega store.
Additional information
Documents
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...
52 Rae Street
Colac, VIC 3250
Charles Stewart Real Estate - Colac56-60 Bromfield Street
COLAC, VIC 3250
COLAC, VIC 3250
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
BCF, 229-239 Murray Street,Colac, VIC 3250 900 m²Shops & Retail • Showrooms & Large Format Retail • Other
Contact Agent
Best & Less, 2/118-128 Bromfield Street,Colac, VIC 3250 804 m²Shops & Retail • Showrooms & Large Format Retail