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
Burgess Rawson - Melbourne
Level 20, 150 Lonsdale Street, Melbourne, Vic