202, 204 & Murray Street Colac VIC 3250

Fully leased investment with tenants Maddens Lawyers, Geelong Wheelchair Service & busy pizza shop.
Annual rent increases, tenants pay usual outgoings.
3 well maintained retail shops totalling 405 sqm with rear access and car parking (on Title).
Retail frontage of 19 metres to busy Princes Highway, central to Coles & Woolworths and amongst McDonald's, KFC and Bank of Melbourne and numerous national brands.
Large Commercial 1 Zoned land holding of 650 sqm.
Future subdivision potential (STCA).
Colac: Significant regional centre, midway between Geelong and Warrnambool with an estimated trade catchment over 30,000.
Total Rent: $37,842.64pa.*

Interstate and local bidding by prior arrangement.

Auction 11am AEST Wednesday 16 September
River Room, Crown Casino Melbourne