Colac

46 Rae Street

Prime Commercial Opportunity in Colac

$640,000

650 m2

Description

Discover an exceptional investment in the heart of Colac, perfect for first-time commercial investors looking to make their mark. This property on Rae Street offers a strategic location within a thriving regional hub, ensuring consistent demand and growth potential. With a build area of 220m², this office space is designed to cater to various business needs, making it an adaptable asset in your investment portfolio.

What sets this opportunity apart is its attractive income potential, boasting a secure lease with an annual income of $42,000. This reliable revenue stream provides peace of mind and a strong foundation for new investors seeking stability and profitability. The secure lease terms further enhance the appeal, ensuring a steady cash flow as you embark on your commercial investment journey.

Colac itself is a vibrant community with a growing economy, offering a supportive environment for businesses and investors alike. The property's proximity to key amenities and transport links makes it even more desirable. Don't miss out on this chance to invest in a promising commercial property that promises both immediate returns and long-term growth. Act now to secure your foothold in Colac's commercial real estate market!

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Features

  • Property IDR2-4570487
  • Land Size650.00 sqm

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