Reece Plumbing , 48 Rae Street,
Colac, VIC 3250
Key property information
Map of Reece Plumbing , 48 Rae Street
Renewed Lease to ASX Listed Reece Limited (ASX:REH)
- 5-year lease plus options
- Reece on-site since 1999
- Tenant pays all outgoings
+Reece Limited: (ASX:REH) listed company with current $12.38 Billion market cap and over 370 stores nationally.
+Investor preferred net lease terms with tenant paying all usual outgoings.
+Annual CPI rent reviews.
+Large 1,292sqm* freehold title with premium Commercial 1 Zoning and low 36% site coverage.
+546sqm* building including reception, offices, and warehouse.
+Prime position immediately surrounded by Bunnings, ALDI, Coles and Woolworths.
+Colac: important commercial centre midway between Geelong and Warrnambool with a trade catchment of 32,000 plus extending to the Great Ocean Road.
+Net Income: $37,084pa + GST.
For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 30 March 2022
Crown Casino - River Room
Property ID: 504019483Last Updated: 20 Jun 2022
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