158 Murray Street Colac VIC 3250

An impressive two storey solid brick building situated on the south side of Murray Street, between the Australia Post retail shop and the well-known and renowned Ray Croft store. The property also features frontage to Johnstones Lane and large carpark at the rear, with direct access to the building from this popular carpark.
The well-maintained freehold offers retail space on the ground floor, which is currently let to Florist & Giftware retailer. Upstairs the building features a suite of three offices all currently occupied. Ground floor rear of the property includes storage space, kitchenette and amenities, together with two onsite parks.
The property is currently fully leased, with two years remaining on the current term, and two further three-year options remaining. Providing a return of $22,923.84 p. annum, this is wonderful solid investment opportunity, with lots of potential upside. Situated in a location that is considered very desirable, but rarely available.