Colac

46 Rae Street

IMMACULATE COLAC OFFICE AND STORAGE INVESTMENT

$680,000

650 m2

Description

Centrally located in Colac, this very well-presented property will suit investor buyers, seeking a low maintenance, securely let property. The property comprises extensively renovated office premises comprising reception area, large open plan workspace or meeting room plus three other offices, a full kitchen and two bathrooms (including one all-abilities). The building has both central heating and reverse cycle units in offices, data cabling and a solar system.
Situated behind the office is an 11x8m storage shed with twin roller door access. There are 4 onsite car parks on the 650m² site, which is zoned Commercial 1 allowing versatile business use.
Both the office and shed are currently let, on separate fixed terms;
Office; Disability services provider Scope (Aust) Pty Ltd have leased these premises since July 2021. Brand new Lease signed August 2025, with three-year term and three further terms of three years. Current rent $32,509.09 p.a + GST + outgoings
Storage Shed: G&S Plantations Services Pty Ltd have a licence to occupy the shed on a fixed two-year term. Current rent $9,600 p.a + GST
A wonderful opportunity to acquire a quality investment property located in a growing regional city with a vibrant business community.

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Features

  • Property IDR2-4570487
  • Land Size650.00 sqm

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