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
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
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
04185935...
56 Hesse Street
Colac, VIC 3250
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COLAC, VIC 3250
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