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56 Hesse Street
Colac VIC 3250
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Sold on 15 May 2019

56 Hesse Street Colac VIC 3250

  • Shop & Retail
  • 105 m²
  • Sold, $435,000

Freehold Office Building

5 year lease to July 2021 plus option to 2026
Fixed annual 4% rent increases
Well presented office building over two levels

Fiducian Financial: ASX Listed specialist financial services organisation
acquired and re-branded longstanding local business March 2019
Inner CBD, Commercial 1 corner landholding of 105 sqm with
13 metres frontage to Hesse Street
Tenant pays all usual outgoings as per the lease
Single tenant minimum management investment
Colac: Strong Commercial centre midway between Geelong and
Warrnambool servicing trade catchment in excess of 32,000 people
Rent: $34,214 pa (July 2019)

Auction 11am AEST Wednesday 15 May 2019
River Room, Crown Casino, Melbourne

Conjunctional Agents; Burgess Rawson
Shaun Venables 0411 860 865
Scott Meighan 0413 830 709

Highlights:
* Long standing ASX tenant
* 4% annual rent increase
* central location

AUCTION

Auction date and time15/05/2019 11:00
Auction locationRiver Room, Crown Casino, Melbourne

Property Highlights

Date Sold15 May 2019
Sold Price$435,000
Floor AreaAsk Agent
Land Area105 m²
ParkingAsk Agent
Property ID2015206371
Category
Last updated  16 May 2019
Map for 56 Hesse Street Colac VIC 3250

Property Highlights

Date Sold15 May 2019
Sold Price$435,000
Floor AreaAsk Agent
Land Area105 m²
ParkingAsk Agent
Property ID2015206371
Category
Last updated  16 May 2019

Listed by

Anthony McDonald
Anthony McDonald
Charles Stewart Real Estate Colac
Call
0418 593 597

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