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3 Colgan St
Cobram VIC 3644
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Sold on 1 Jul 2022

3 Colgan St Cobram VIC 3644

  • Factory, Warehouse & Industrial
  • 312 m²
  • Sold, $670,000

Secure & Highly Strategic Investment

  • Secure long term tenant
  • High profile location
  • 1095m² site

Repco - Longstanding Retailer Over 26 Years

Investment Portfolio Auction Friday July 1st, 1pm on site

· Repco: the largest auto parts & car accessories retailer in Australia
· Prominent 312sqm building, off street parking, significant 1095sqm freehold title
· Significant high profile position close to supermarkets, banks etc. Adjacent to major future retail development site
· Cobram: popular Murray River tourist town, important service centre with 25,000+ trade catchment and growing

Net Income: $30,260 p.a plus GST
Renewed 3 year lease to May 2024 plus options to 2030
Annual Rent Reviews
Repco pays all usual outgoings

These details have been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.

AUCTION

Auction date and time01/07/2022 13:00
Auction location3 Colgan St, Cobram VIC

Property Highlights

Date Sold1 Jul 2022
Sold Price$670,000
Floor Area312 m²
Land Area1,095 m²
Parking4 x Onsite parkings
Building TypeWhole building
Property ID2017855320
Category
Last updated  17 Aug 2022
Map for 3 Colgan St Cobram VIC 3644

Property Highlights

Date Sold1 Jul 2022
Sold Price$670,000
Floor Area312 m²
Land Area1,095 m²
Parking4 x Onsite parkings
Building TypeWhole building
Property ID2017855320
Category
Last updated  17 Aug 2022

Listed by

Andrew Jenkins Real Estate
Call
03 5871 1025

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