Description

Auction Location: 335 Camberwell Road, Camberwell

• A wonderful opportunity to acquire a first-class office building with a secure long-term lease to leading south west business advisory and accountancy practice.
• Well-appointed brick building of 380m² with a broad street frontage. Building was refurbished in 2018.
• Ten-year lease to Sinclair Wilson extends to 2028, with three further five-year terms to follow. Current income of $89,124 p. annum + GST with annual CPI increases applicable.
• Tenant pays all usual outgoings.
• Situated on a huge 990m² with additional (Bromfield) street frontage that offers further development potential.
• Convenient staff and customer carparking for 18 vehicles
• Sinclair Wilson are in the top 50 largest accounting and advisory practices in Australia and have a long history in south west Victoria, their long tenure on this site provides an opportunity for an astute investor to acquire a gold class investment.
• Colac is a growing and thriving regional city with a diverse economy that includes agriculture, manufacturing and heath care, and is a service hub for much of the South west.

AUCTION: Tuesday 12th November, from 11am at 335 Camberwell Rd, Camberwell