130-132 Murray Street, COLAC VIC 3250
- PROPERTY DETAILS
- Retail, Offices
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- 18 May 2017
Impressive CBD Westpac Bank Investment
Fully leased investment with established tenants including Westpac & Southern Rural Water (State Government).
Westpac: Renewed 5 year lease to December 2019 plus option.
Southern Rural Water: 5 year lease to December 2019.
Annual fixed 3% rent increases, tenants pay usual outgoings.
Highly prominent 589 sqm site with dual street frontage central to Coles, Woolworths, Aldi and new Bunnings.
Prominent, well maintained bank chambers with first floor office/residence and separately titled rear office (SRW).
Zoned Commercial 1: Premium retail zoning.
Colac: A significant regional centre, midway between Geelong & Warrnambool with estimated trade catchment over 30,000.
Rent: $120,049 pa (Dec 2016).
130-132 Murray Street COLAC