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89 Wallace Street Colac, VIC 3250

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89 Wallace Street,
Colac, VIC 3250

Shops & Retail • Warehouse, Factory & Industrial

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Floor area

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Property extent

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Map of 89 Wallace Street

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Outstanding Colac Industrial Investment

High Exposure
- Magnificent high profile corner location (frontage to Wallace Street and Hurst Court)
- Generous prime land area (2,487m2)
- Superb main building (533m2 - clear span - 34m x 15.7m - height 6.4m) with excellent adjoining shed (218m2 - 17.5m x 12.5m x 5m height)
- Modern office, staff room and storage facilities
- Spacious external hard fill storage and parking areas, catering for heavy duty vehicles.
- Most attractive lease arrangement, representing a return of over 7.5% - $43,000 per annum (plus GST and outgoings), 4 year term (plus 2 x 3 year options) with annual C.P.I. increases.
- A terrific super fund/investment proposition.

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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
04185204...
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89 Wallace Street
Colac, VIC 3250

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