Colac

19 Rae Street

Attractive Character Investment Opportunity

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476 m2

Description

- Delightful Commercial Freehold property, well positioned in a high profile location opposite Colac's Arts and Cinema Centre (COPACC)
- Currently leases to a quality secure Hairdressing and Training Tenant until 1/02/2018 (with 2x2 year options) at $24,000 per annum (including GST), plus outgoings with 4% annual increases.
- Recently painted, renovated and rewired, with central heating, reverse cycle air conditioning, polished floorboards, security system and solar panels.
- Excellent floor plan providing reception/waiting area, large modern salon space
(7 stations plus 3 wash stations), bathroom, kitchen, office and storage rooms
- Sited on a prime 476m2 allotment, with busy Rae street frontage, plus side street access
- A terrific superfund investment proposition
- Inspection highly recommended and by appointment
Build Area Approx 167m2

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Features

  • Property IDR2-793807
  • Land Size476.00 sqm

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