Description

An opportunity to acquire a first-class freehold investment situated in an enviable corner position in the growing regional city of Colac. Mower Corner is a leading supplier of Stihl, Toro and Cox lawn care equipment and chainsaws and have been established since 2004.
A renewed five-year term of lease for the property will commence on 1st July 2025, with the Mower Corner business, which has traded from this site since the premises were constructed in 2010. The lease contains a further 5-year option term and rent will be reviewed annually with reference to CPI. The annual rent from 1st July is $42,000 per annum and tenants pays all applicable outgoings.
Fully fenced and concreted corner site of approximately 1600m², zoned Commercial 1. The purpose-built premises comprise showroom, spare parts area and large workshop, plus ample storage space and onsite car parking.
Located adjacent to McDonalds, Colac Toyota and BCF. Don't miss this opportunity to acquire one of the best freehold investments offered in Colac for some time.

For Sale By Expression of Interest: Closing Monday 16th June at 1pm