Colac

115 Bromfield Street

Important & Essential Government-Leased (CFA)...

Sold

663 m2

Description

Auction Location: Crown Casino.

- Renewed 5 year lease to August 2022 plus options to 2032.
- Country Fire Authority (CFA) - a State Government entity.
- Guaranteed growth - fixed annual 4% rental increases.
- Tenant pays all usual outgoings as per the lease.
- Well-maintained building totaling 565sqm incorporates reception, administration, training, planning/boardrooms and storage.
- Strategic 663sqm Commercial 1 Zoned landholding directly opposite Aldi, The Reject Shop, Best & Less, Rivers, BWS & Bunnings - metres to new Coles anchored Colac Plaza Shopping Centre.
Colac: Important commercial service centre drawing on a captive trade catchment population in excess of 32,000 encompassing the Otways and the Great Ocean Road

Rent: $68,091 pa

Auction 11am AEST Wednesday 20 September 2017
River Room, Crown Casino, Melbourne
Conjunctional sale: Burgess Rawson. Contact Shaun Venables 0411 860865

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Features

  • Property IDR2-1246723
  • Land Size663.00 sqm

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