12 Saunders Street Colac VIC 3250

Burgess Rawson, together with Richardsons Real Estate, is pleased to offer to market 12 Saunders Street, Colac East VIC for sale via our Investment Portfolio Auction 176.

This investment has the following key highlights:

+ 100% leased industrial investment to Colac's leading concrete, glass & screens, and joinery providers.
+ Renewed Three (3) year lease to Reality Kitchens to 2028 plus options to 2034.
+ Reality Kitchens: est. 2003, leading joinery provider servicing the greater Colac & Geelong regions for 30+ years. (1)
+ Renewed Three (3) year lease to Colac Glass & Screens to 2027 plus options to 2033.
+ Colac Glass & Screens: est. 2003, a family owned and operated glass screen provider servicing Colac for 30+ years. (2)
+ Brand new Three (3) year lease to Halls Concrete and Construction to 2028 plus options to 2037.
+ Halls Concrete and Construction: leading top tier civil works and construction provider servicing Colac for 10+ years. (3)
+ A mixture of annual CPI & Fixed 3% annual rent reviews, ensuring income growth.
+ Investor preferred net lease terms with each tenant responsible for usual outgoings.
+ Well-maintained 1,575sqm* steel warehouse separated into three bays with high 8m* clearance height.
+ Significant 3,870sqm* freehold IN1Z landholding with low 41% site coverage.
+ Strategically positioned within Colac's dominant industrial precinct Dulux Trade Centre, AKD Softwoods, CCP Civil & Precast, Calco Timbers and Hanson Australia all within 1km.*
+ Conveniently located 100m* from Princes Highway which services 11,000+ passing vehicles daily. (4)
+ Located only 2km* from Colac CBD, underpinned by Woolworths, Coles, Kmart, Bunnings, ALDI, Supercheap Auto and BCF.
+ Colac: important commercial centre midway between Geelong and Warrnambool with a trade catchment well over 32,000 extending to the Great Ocean Road. (4)
+ Colac Otway Shire: an important manufacturing region, generating over $4.5 billion in annual economic output. (5)
+ Potential 50% stamp duty savings.
+ Total Net Income: $93,387 pa* + GST

For Sale by Investment Portfolio Auction
10:30am AEST Wednesday 14 May 2025
Garden Room, Crown Casino, Melbourne

* Approx
1. Reality Kitchens
2. Colac Grass & Screens
3. Halls Concrete and Construction
4. GapMaps
5. REMPlan