Securely leased to Repco (owned by the New York Stock Exchange listed Genuine Parts) is this tilt panel constructed property in Warrnambool, Victorias largest coastal city outside of Port Phillip Bay.
Boasting a current term of lease through to November 1st, 2027, plus 3x3, zoned Commercial 1, with land content of approx. 1,009m2 and rent of $101,288 +GST plus outgoings, it is an asset offered for sale for the first-time and underpinned by its highway frontage location.
The size of Warrnambool is approximately 65.1 square kilometres. It has 76 parks covering nearly 6.4% of total area. The population of Warrnambool in 2016 was 29661 people. By 2021 the population was 31308 showing a population growth of 5.6% in the area during that time. The predominant age group in Warrnambool is 60-69 years. Households in Warrnambool are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Warrnambool work in a professional occupation.In 2021, 67.10% of the homes in Warrnambool were owner-occupied compared with 63.70% in 2016.
Warrnambool has 19,812 properties. Over the last 5 years, Houses in Warrnambool have seen a 41.59% increase in median value, while Units have seen a 28.83% increase. As at 31 December 2025:
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