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Burgess Rawson - Melbourne

Treasure Hunters, 52-56 Murray Street Colac, VIC 3250

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Treasure Hunters, 52-56 Murray Street,
Colac, VIC 3250

Shops & Retail • Showrooms & Large Format Retail • Offices

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Burgess Rawson - Melbourne
Shaun Venables

Burgess Rawson - Melbourne

Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
Burgess Rawson - Melbourne
Treasure Hunters, 52-56 Murray Street
Colac, VIC 3250

Map of Treasure Hunters, 52-56 Murray Street

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Entry Level Freehold Investment Leased to Longstanding Tenant

  • Renewed 3 year lease to October 2023
  • Large 727sqm site with C1Z Zoning
  • Tenant pays usual outgoings
+ Renewed 3 year lease plus options to 2029
+ Longstanding and successful business for 25 years
+ Substantial 645sqm* building with 14m double shop front
+ Significant 727sqm site with premium commercial 1 zoning
+ Prominent location surrounded by national tenants such as Bunnings, Coles, ANZ, NAB
+ Single tenant minimum management investment
+ Tenant pays usual outgoings
+ Colac: Strong commercial centre midway between Geelong and Warrnambool servicing a trade catchment in excess of 32,000
+ Colac Otway Shire: population forecast to grow by 25.2% in 2041**
+ Net Income: $48,000

For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 9 December

*Approx.
**Forecast ID

Property ID: 503697962Last Updated: 8 Feb 2021

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Burgess Rawson - Melbourne
Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
Charles Stewart & Co - Colac
56 - 60 Bromfield Street
COLAC, VIC 3250

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