Burgess Rawson is pleased to offer to market 12 Saunders Street, Colac East VIC for sale via our Investment Portfolio Auction 176.
This investment has the following key highlights:
+ 100% leased industrial investment to Colac's leading concrete, glass & screens, and joinery providers.
+ Renewed Three (3) year lease to Reality Kitchens to 2028 plus options to 2034.
+ Reality Kitchens: est. 2003, leading joinery provider servicing the greater Colac & Geelong regions for 30+ years. (1)
+ Renewed Three (3) year lease to Colac Glass & Screens to 2027 plus options to 2033.
+ Colac Glass & Screens: est. 2003, a family owned and operated glass screen provider servicing Colac for 30+ years. (2)
+ Brand new Three (3) year lease to Halls Concrete and Construction to 2028 plus options to 2037.
+ Halls Concrete and Construction: leading top tier civil works and construction provider servicing Colac for 10+ years. (3)
+ A mixture of annual CPI & Fixed 3% annual rent reviews, ensuring income growth.
+ Investor preferred net lease terms with each tenant responsible for usual outgoings.
+ Well-maintained 1,575sqm* steel warehouse separated into three bays with high 8m* clearance height.
+ Significant 3,870sqm* freehold IND1 zoned landholding with low 41% site coverage.
+ Strategically positioned within Colac's dominant industrial precinct Dulux Trade Centre, AKD Softwoods, CCP Civil & Precast, Calco Timbers and Hanson Australia all within 1km.*
+ Conveniently located 100m* from Princes Highway which services 11,000+ passing vehicles daily. (4)
+ Located only 2km* from Colac CBD, underpinned by Woolworths, Coles, Kmart, Bunnings, ALDI, Supercheap Auto and BCF.
+ Colac: important commercial centre midway between Geelong and Warrnambool with a trade catchment well over 32,000 extending to the Great Ocean Road. (4)
+ Colac Otway Shire: an important manufacturing region, generating over $4.5 billion in annual economic output. (5)
+ Potential 50% stamp duty savings.
+ Combined Net Income: $92,825 pa* + GST
For Sale by Investment Portfolio Auction
10:30am AEST Wednesday 14 May 2025
River Room, Crown Casino, Melbourne
* Approx
1. Reality Kitchens
2. Colac Grass & Screens
3. Halls Concrete and Construction
4. GapMaps
5. REMPlan