FOR SALE
$121,000 GST INC PLUS SAV

1/47 Gellibrand Street
Colac VIC 3250

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 65m2
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BELLA HOPE COFFEE

Located in the heart of Colac's CBD, this charming cafe/coffee shop is now available to purchase. Boasting a prime location on Gellibrand Street, this property offers a fantastic opportunity for a new owner to take over and make it their own.
The interior features a cosy seating area, a well-equipped cafe, and a stylish decor that creates a welcoming atmosphere for customers. Outside, there is a spacious outdoor seating area where patrons can enjoy their coffee and meals alfresco.
With a loyal customer base, lots of tourist trade and a strong reputation in the community, this cafe is a turnkey business ready for a new owner to step in and start serving up its famous coffee and delicious food.
Don't miss out on this incredible opportunity to own a thriving cafe in a bustling location.
Contact us today for more information.

Property Details for 1/47 Gellibrand St, Colac

Building Type
Commercial
Land Size
65m2

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About Colac 3250

The size of Colac is approximately 37.5 square kilometres. It has 20 parks covering nearly 2.3% of total area. The population of Colac in 2011 was 8,696 people. By 2016 the population was 9,066 showing a population growth of 4.3% in the area during that time. The predominant age group in Colac is 20-29 years. Households in Colac are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Colac work in a labourer occupation. In 2011, 67.4% of the homes in Colac were owner-occupied compared with 66.6% in 2016.

Colac has 5,512 properties. Over the last 5 years, Houses in Colac have seen a 42.29% increase in median value, while Units have seen a 28.04% increase. As at 31 October 2024:

  • The median value for Houses in Colac is $441,147 while the median value for Units is $368,492.
  • Houses have a median rent of $440 while Units have a median rent of $365.
There are currently 19 properties listed for sale, and 5 properties listed for rent in Colac on OnTheHouse. According to CoreLogic's data, 198 properties were sold in the past 12 months in Colac.

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Wayne Mackrell
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Chris Peeters
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Ray White Colac
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