FOR SALE
$650,000 - $700,000 + GST

50 Hugh Murray Drive
Colac East VIC 3250

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 459m2
Land area: 1450m2
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PRIME INDUSTRIAL SHED IN AN ELEVATED LOCATION!

Positioned with elevated aspect this prime industrial shed provides ample opportunity for business. Built with height and size in mind this industrial shed offers the expansive size of 18.7 x 24.5 under roof, along with 3 phase power, toilet, vanity and skylights.
The access suits heavy duty machinery with 5.9m wide x 4.9m high door. Situated on 1450sqm of land, there is ample yard space with the ability to further develop car parking or additional storage. The positioning of the shed provides great exposure for business signage due to its elevated position.
This is a rare offering in Colac's prosperous industrial estate.
- Ideal for a business seeking additional space
- Vacant possession
Enquire today!

Property Details for 50 Hugh Murray Dr, Colac East

Building Type
Commercial
Floor Size
459m2
Land Size
1450m2

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About Colac East 3250

The size of Colac East is approximately 5.4 square kilometres. It has 4 parks covering nearly 0.1% of total area. The population of Colac East in 2011 was 306 people. By 2016 the population was 226 showing a population decline of 26.1% in the area during that time. The predominant age group in Colac East is 50-59 years. Households in Colac East are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Colac East work in a trades occupation. In 2011, 67.1% of the homes in Colac East were owner-occupied compared with 53.2% in 2016..

Colac East has 264 properties. Over the last 5 years, Houses in Colac East have seen a 26.99% increase in median value, while Units have seen a 289.70% increase. As at 31 October 2024:

  • The median value for Houses in Colac East is $565,387 while the median value for Units is $299,031.
There are currently 2 properties listed for sale, and no properties listed for rent in Colac east on OnTheHouse. According to CoreLogic's data, 9 properties were sold in the past 12 months in Colac east.

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Toby Kent
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Fergus Torpy
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Ray White Colac
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