Double Fronted Retail Shop, 52-56 Murray Street,
Colac, VIC 3250
Shops & Retail • Showrooms & Large Format Retail
Key property information
Floor area
Parking info
Property extent
Tenure type
Sold on
Map of Double Fronted Retail Shop, 52-56 Murray Street
Affordable and High Yielding circa 10%
- Long lease to 2025
- Substantial Building
- Prominent Location
Long 5 + 5 + 5 year lease to 2025.
Established and successful business of 15+ years.
Substantial 645m2* building with rear public plus kerbside parking.
Prominent location, 2 doors from NAB & Aldi, etc nearby.
CPI and market reviews, tenant pays outgoings.
Colac: 70kms due west of Geelong and 130kms due south-west of Melbourne.
Major local employers include Bulla and Fonterra.
Rent $75,000pa*.
*Approx.
Interstate bidding by prior arrangement.
To be auctioned as part of Burgess Rawson Investment Portfolio Auction 60.
11.00am AEST Wednesday.
11 May 2011.
River Room, Crown Casino Melbourne.
For information on other investment opportunities in the campaign, please see:
http://www.investmentportfolioauction.com.au/
Adam Thomas 0418 998 9...
athomas@burgessrawson.com.au
Graeme Watson 0419 717 171
gwatson@burgessrawson.com.au
Troy Kincaid 0417 312 781
troy@hfrichardson.com.au
Established and successful business of 15+ years.
Substantial 645m2* building with rear public plus kerbside parking.
Prominent location, 2 doors from NAB & Aldi, etc nearby.
CPI and market reviews, tenant pays outgoings.
Colac: 70kms due west of Geelong and 130kms due south-west of Melbourne.
Major local employers include Bulla and Fonterra.
Rent $75,000pa*.
*Approx.
Interstate bidding by prior arrangement.
To be auctioned as part of Burgess Rawson Investment Portfolio Auction 60.
11.00am AEST Wednesday.
11 May 2011.
River Room, Crown Casino Melbourne.
For information on other investment opportunities in the campaign, please see:
http://www.investmentportfolioauction.com.au/
Adam Thomas 0418 998 9...
athomas@burgessrawson.com.au
Graeme Watson 0419 717 171
gwatson@burgessrawson.com.au
Troy Kincaid 0417 312 781
troy@hfrichardson.com.au
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
04189989...
Double Fronted Retail Shop, 52-56 Murray Street
Colac, VIC 3250
CBRE - VICLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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