Under instructions from Barry Kogan and Katherine Sozou as Receivers and Managers, Colliers is excited to present For Sale 495 Coolac Road, Coolac. Forming part of The Petroleum Portfolio, a rare and unique collection of strategically located service station investments, developments and operational opportunities across the East Coast of Australia.
This property represents a prime opportunity fronting the Hume Highway and offers the following key investment highlights:
Strategic 16.64ha* island site
The Petroleum Portfolio is offered For Sale in-one-line or individually via Expressions of Interest closing Wednesday 8 November at 3pm (AEDT).
For further information and/or to arrange a private inspection, please contact the exclusive selling agents.
*approx
The size of Coolac is approximately 334.9 square kilometres. The population of Coolac in 2011 was 363 people. By 2016 the population was 181 showing a population decline of 50.1% in the area during that time. The predominant age group in Coolac is 10-19 years. Households in Coolac are primarily couples with children and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Coolac work in a managers occupation. In 2011, 77.3% of the homes in Coolac were owner-occupied compared with 78.1% in 2016..
Coolac has 215 properties. Over the last 5 years, Houses in Coolac have seen a 53.88% increase in median value. As at 30 September 2024:
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