31A Forest Street

Colac

$655,000

Property Description

Investment Cashflow Opportunity

• Rare opportunity to secure a safe cash flow asset in a growing regional centre
• Large colorbond warehouse building, approx. 33x18m.
• Gross lettable area of 720sqm includes warehouse, offices, amenities & mezzanine
• Long standing tenant with new 3+3+3 year lease, from 1 July 2021.
• Industrial 1 zoned site of 1643sqm in heart of Colac's eastern industrial precinct
• Rent $37,354 p.annum.+ GST (at 1 July). Tenant pays applicable outgoings.
• 2.5% annual rent increase.
• Outstanding long term tenant with well-established business
• Full details available in IM available on request.

Property Features

Land Size

1,643 Square Mtr

Location

Agent

agent picture

Anthony McDonald

Director, Rural Property Sales Manager, Auctioneer, Leasing Consultant

Agency