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314-316 Murray Street
Colac VIC 3250
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Sold on 8 Mar 2024

314-316 Murray Street Colac VIC 3250

  • Shop & Retail
  • 365 m²
  • Sold

PAINT THE TOWN RED WITH A GOLDEN OPPORTUNITY!

    Blue chip investment opportunity in a growing regional city, featuring a solid brick retail premises fronting the Princes Highway (Murray Street) and with convenient rear lane access for deliveries and loading. The property is positioned among fast food and convenience retailers on the busy Highway.
    Haymes Paints retails from the site, with a 20 plus year history of business in this location. The property provides a solid $33,736 per annum income stream with the benefit of annual 3% rent increase. The current five-year term has more than two years remaining, with a further five-year option to follow, with a market review applicable at the option date.
    This is a golden opportunity to acquire a sound investment, which will ideally suit those seeking an easy to manage investment, with some potential upside. It should be of particular interest to those with self-managed super funds seeking cash flow and growth.

    Charles Stewart Real Estate Colac
    Charles Stewart Real Estate Colac
    56-60 Bromfield St
    Colac, VIC 3250

    Property Highlights

    Date Sold8 Mar 2024
    Floor Area365 m²
    Land Area640 m²
    Parking4 x Onsite parkings
    Building TypeWhole building
    Property ID2019074724
    Category
    Last updated  8 Mar 2024
    Map for 314-316 Murray Street Colac VIC 3250
    Charles Stewart Real Estate Colac
    Charles Stewart Real Estate Colac
    56-60 Bromfield St
    Colac, VIC 3250

    Property Highlights

    Date Sold8 Mar 2024
    Floor Area365 m²
    Land Area640 m²
    Parking4 x Onsite parkings
    Building TypeWhole building
    Property ID2019074724
    Category
    Last updated  8 Mar 2024

    Listed by

    Anthony McDonald
    Charles Stewart Real Estate Colac
    Call
    0418 593 597

    More about 314-316 Murray Street Colac VIC 3250

    314-316 Murray Street Colac VIC 3250 is categorized as Shop & Retail Property. It has a floor area of 365 m² and a land area of 640 m². There are 4 x onsite parkings.The listing ID for this property is 2019074724.

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