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Richardson Real Estate - Colac

Rivers, 3/118-128 Bromfield Street Colac, VIC 3250

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Rivers, 3/118-128 Bromfield Street,
Colac, VIC 3250

Shops & Retail • Showrooms & Large Format Retail • Other

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Richardson Real Estate - Colac
Troy Kincaid

Richardson Real Estate - Colac

40 Murray Street
COLAC, VIC 3250
Richardson Real Estate - Colac
Rivers, 3/118-128 Bromfield Street
Colac, VIC 3250

Map of Rivers, 3/118-128 Bromfield Street

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Renewed Lease to ASX Listed Tenant - Brilliant Position Amongst Major Brands

  • Rivers: Wholly owned by Noni B Ltd
  • Renewed 5 year Lease + option
  • Bunnings & Aldi bookends
Renewed 5 year lease to July 2023 plus option
Rivers: Wholly owned by ASX listed Mosaic Brands Limited with 1,350 stores nationally
Fixed 4% annual rent increases ensuring rental growth
Modern 489sqm retail premises with rear loading and direct access to 195 car parks
Irreplaceable position immediately surrounded by Bunnings, ALDI supermarket, Best & Less and BWS liquor
Colac: Important regional city mid way between Geelong and Warrnambool servicing 30,000+ trade catchment extending to the Great Ocean Road
Net Income: $84,498 pa + GST (August 2021)

To be sold by Burgess Rawson Investment Portfolio Auction
Tuesday 10th August 2021
Bidding available via phone, online, and in person at the Hilton Brisbane or remotely at our Perth and Canberra state offices, and the offices of participating conjunctional agents.

Property ID: 503865110Last Updated: 4 Oct 2021

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