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3/118-128 Bromfield Street
Colac VIC 3250
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Sold on 10 Aug 2021

3/118-128 Bromfield Street Colac VIC 3250

  • Shop & Retail
  • 489 m²
  • Sold

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

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.

AUCTION

Auction date and time10/08/2021 10:30
Auction location3/118-128 Bromfield Street, Colac VIC

Property Highlights

Date Sold10 Aug 2021
Floor Area489 m²
Land Area489 m²
ParkingAsk Agent
Property ID2017115339
Category
Last updated  11 Aug 2021
Map for 3/118-128 Bromfield Street Colac VIC 3250

Property Highlights

Date Sold10 Aug 2021
Floor Area489 m²
Land Area489 m²
ParkingAsk Agent
Property ID2017115339
Category
Last updated  11 Aug 2021

Co-Agents

Beau Coulter
Beau Coulter
Burgess Rawson VIC Pty Ltd
Call
0413 839 898
Zomart He
Zomart He
Burgess Rawson VIC Pty Ltd
Call
0488 220 830

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