196-200 Murray Street,
Colac, VIC 3250
Shops & Retail
Price information
Sold
$672,000
Key property information
Land area
Floor area
Property extent
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Map of 196-200 Murray Street
Fully Leased Investment With Big Upside
- Security of three separate tenancies
- Potential to increase income
- Central location
• Fully Leased investment with established tenants including
Toyworld, ‘Offshore’ Surf Shop and ‘Oakmoss’ Cafe/Florist
• Annual rent increases, tenants pay usual outgoings
• Highly prominent corner exposure to central Coles & Woolworths
and amongst McDonalds, KFC, Bank of Melbourne etc.
• 3 shops totalling 875 sqm providing dual retail frontage of 35m
• Contiguous land holding of 950 sqm with future development
potential (STCA)
• Zoned Commercial 1: Premium retail zoning
• Underlet: Rent below market at an average of $55 psm pa
• Rent: $47,510 pa
• Colac: A significant regional centre, midway between Geelong
& Warrnambool with estimated trade catchment of 30,000.
Auction 11am AEST Wednesday 15 April
River Room, Crown Casino, Melbourne
Conjunctional agents - Burgess Rawson, Melbourne.
Shaun Venables 0411 860865
Scott Meighan 0413 830709
Toyworld, ‘Offshore’ Surf Shop and ‘Oakmoss’ Cafe/Florist
• Annual rent increases, tenants pay usual outgoings
• Highly prominent corner exposure to central Coles & Woolworths
and amongst McDonalds, KFC, Bank of Melbourne etc.
• 3 shops totalling 875 sqm providing dual retail frontage of 35m
• Contiguous land holding of 950 sqm with future development
potential (STCA)
• Zoned Commercial 1: Premium retail zoning
• Underlet: Rent below market at an average of $55 psm pa
• Rent: $47,510 pa
• Colac: A significant regional centre, midway between Geelong
& Warrnambool with estimated trade catchment of 30,000.
Auction 11am AEST Wednesday 15 April
River Room, Crown Casino, Melbourne
Conjunctional agents - Burgess Rawson, Melbourne.
Shaun Venables 0411 860865
Scott Meighan 0413 830709
Property ID: 501497603Last Updated: 13 May 2015
04185935...
196-200 Murray Street
Colac, VIC 3250
Charles Stewart Real Estate - Colac56-60 Bromfield Street
COLAC, VIC 3250
COLAC, VIC 3250
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