309-315 Murray Street, Colac
BRAND NEW ASX LISTED INVESTMENT WITH 50% STAMP DUTY CONCESSION
Jones Real Estate and Stonebridge Property Group are pleased to offer a brand-new Autobarn tenanted investment situated in the expanding regional township of Colac, Victoria.
The key highlights of the opportunity include:
– Tenanted by ASX Listed Bapcor Pty Ltd trading as “Autobarn” with a market cap of $2.13 billion*.
– Strategic Commercial 1 (C1Z) landholding of 1,365 sqm* future proofed by highly esteemed covenant, existing residential catchment and future development of the surrounding Colac Oatway Shire.
– Brand new 6-year net lease with one further option of 5 years.
– Providing $87,500* of net annual income with favourable CPI increases.
– Exceptionally positioned on the corner of major arterial Murray Street & Scott Street with 14,500 vehicles passing East and West bound daily.
– Colac Otway Shire boasts a population of 22,177^ with major future growth planning for new housing and expansion of the township of Colac.
Autobarn Colac is offered for sale via National Portfolio Auction on Wednesday 20 September 2023 at 11am (AEST).
To obtain further information or to arrange an inspection, please contact the exclusive selling agents.