47-49 Hesse StreetColac VIC 3250
Property Details for 47-49 Hesse St, Colac
Last Listing description (October 2023)
Introducing a vacant hospitality venue that's ready to transform into your masterpiece.
Endless Possibilities: With 190 square metres* of versatile space, let your imagination run wild restaurant, caf, bar, event space the choice is yours!
Located in the heart of Colac, just off the main street and surrounded by major corporate businesses . This is the ideal property for an owner occupier or an investor for entry level price.
The property is conveniently positioned in the heart of Colac with easy access to Princes Highway, Murray Street and Bromfield Street. This strategic location is only 400 metres* to Coles, , 600 metres* to Woolworths and 79.5 kilometres* to Geelong. 47-49 Hesse Street is positioned for success.
Key Features:
- Land area 233 square metres*
- Building area 190* square metres
- Recently refurbished
- Liquor Licence in place
- Female, male and disabled toilet
- Ideally positioned just off Murray Street
For more information please contact Colliers agents Ben Young 0407 296 679 or Chris Nanni 0438 306 361.
*Approx
Property History for 47-49 Hesse St, Colac, VIC 3250
- 13 Aug 2024Sold for $473,177
- 11 Aug 2023Listed for Sale Please contact agent
- 15 Feb 2020Transferred
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0About 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 5,511 properties. Over the last 5 years, Houses in Colac have seen a 42.43% increase in median value, while Units have seen a 26.08% increase. As at 30 November 2024:
- The median value for Houses in Colac is $444,729 while the median value for Units is $397,860.
- Houses have a median rent of $430 while Units have a median rent of $368.
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