56 Hesse Street,
Colac, VIC 3250

Shops & Retail • Offices

Price information

Sold

$435,000

Key property information

Land area

Floor area

Property extent

Sold on

Map of 56 Hesse Street

Directions

Freehold Office Building

Long standing ASX tenant
4% annual rent increase
central location

Auction Location: River Room, Crown Casino, Melbourne.

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

••: 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

Property ID: 503173430Last Updated: 20 Jun 2019

This information is supplied by realestate.com.au (ABN 21 080 195 535) on behalf of Proptrack Pty Ltd (ABN 43 127 386 298). Copyright and Legal Disclaimers about Property Data.

04185935...