Colac

56 Hesse Street

Freehold Office Building

Sold

105 m2

Description

Auction Location: River Room, Crown Casino, Melbourne.

5 year lease to July 2021 plus option to 2026
Fixed annual 4% rent increases
Well presented office building over two levels


••: ASX Listed specialist financial services organisation –
acquired and re-branded longstanding local business March 2019
•• Inner CBD, Commercial 1 corner landholding of 105 sqm with
13 metres frontage to Hesse Street
•• Tenant pays all usual outgoings as per the lease
•• Single tenant minimum management investment
•• Colac: Strong Commercial centre midway between Geelong and
Warrnambool servicing trade catchment in excess of 32,000 people
•• Rent: $34,214 pa (July 2019)

Auction 11am AEST Wednesday 15 May 2019
River Room, Crown Casino, Melbourne

Conjunctional Agents; Burgess Rawson
Shaun Venables 0411 860 865
Scott Meighan 0413 830 709

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Features

  • Property IDR2-1864185
  • Land Size105.00 sqm

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