4-6 Scott Street,
Colac, VIC 3250
Shops & Retail
Price information
Sold
Contact Agent
Detailed listing
Key property information
Land area
Floor area
Car spaces
Parking info
Property extent
Tenure type
Sold on
Map of 4-6 Scott Street
LOCAL INVESTMENT WITH INTERNATIONAL BACKING
- Secure, long term tenant
- Well situated near similiar businesses
- Annual rent reviews
Auction Location: Leonda by the Yarra. Hawthorn
A wonderful opportunity to acquire a key investment that provides the security of a long term, national tenant in a popular and expanding regional city. To be offered in an executors realization sale.
• Tenanted by GPC Asia Pacific, trading as Repco. Australia and NZ largest automotive aftermarket parts supplier. Backed by Genuine Parts Company, a US corporation with a market capitalization of more than US$15b.
• Trading from the site since 2004, the lease has recently been renewed for a further 3 year term, with two further 3 year options.
• Net lease with annual income of $92,304 with favourable CPI increases.
• Beautifully situated adjacent to Murray Street, the Princes Highway that carries approximately 14,500 vehicles a day through Colac.
• Colac Otway Shire boasts a current population of 22,177 and the town of Colac is expected to double its population by 2050.
• 50% stamp duty concession may be applicable
Auction: Tues 5th Dec at 11am. Leonda by the Yarra, Hawthorn.
A wonderful opportunity to acquire a key investment that provides the security of a long term, national tenant in a popular and expanding regional city. To be offered in an executors realization sale.
• Tenanted by GPC Asia Pacific, trading as Repco. Australia and NZ largest automotive aftermarket parts supplier. Backed by Genuine Parts Company, a US corporation with a market capitalization of more than US$15b.
• Trading from the site since 2004, the lease has recently been renewed for a further 3 year term, with two further 3 year options.
• Net lease with annual income of $92,304 with favourable CPI increases.
• Beautifully situated adjacent to Murray Street, the Princes Highway that carries approximately 14,500 vehicles a day through Colac.
• Colac Otway Shire boasts a current population of 22,177 and the town of Colac is expected to double its population by 2050.
• 50% stamp duty concession may be applicable
Auction: Tues 5th Dec at 11am. Leonda by the Yarra, Hawthorn.
Property ID: 504455392Last Updated: 13 Feb 2024
Charles Stewart Real Estate - Colac
56-60 Bromfield StreetCOLAC, VIC 3250
04185935...
4-6 Scott Street
Colac, VIC 3250
Detailed listing
Charles Stewart Real Estate - Colac56-60 Bromfield Street
COLAC, VIC 3250
COLAC, VIC 3250
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.
More properties from Charles Stewart Real Estate - Colac
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
314-316 Murray Street,Colac, VIC 3250 365 m²Shops & Retail • Showrooms & Large Format Retail
