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52 Rae Street Colac, VIC 3250

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52 Rae Street,
Colac, VIC 3250

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Solid & Versatile Colac Investment

High Yielding Investment Property
* Four separate tenancies located on a single allotment, situated in the heart of Colac's retail precinct.
* Total building area of approximately 470 sqm on a well proportioned 1061sqm site.
* Three well appointed retail outlets with excellent exposure and one caretaker unit.
* Four seperate current leases to excellent tenants with future options and CPI reviews.
* Income stream of $59,254 per annum, providing a yield greater than 9% p.a gross.
* Zoned B2, the site includes a sealed rear carpark
* A secure investment opportunity, close to recent supermarket development and brand new Home hardware mega store.

Additional information

Property ID: 5807727Last Updated: 5 Dec 2013

04185935...
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52 Rae Street
Colac, VIC 3250

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