9/186-190 Murray StreetColac VIC 3250
Property Details for 9/186-190 Murray St, Colac
Last Listing description (November 2023)
Colliers in conjunction with John Ryan Real Estate are proud to present 9/186-190 Murray Street, Colac For Sale.
This presents as an outstanding opportunity for an owner occupier or investor to secure a corner location with high exposure. Major businesses within proximity include Toyota, Toyworld, Cellarbrations, Woolworths and Kmart.
Colac is located only 59 kilometres* from Lorne, 79 kilometres* from Geelong, 80 kilometres* from Torquay with this property being easily accessible via the Princes Highway.
The building comprises outstanding glass frontage, kitchen & toilet amenities, and a flexible layout to suit many businesses
Key Property Highlights:
- Build area 93 square metres*
- Street frontage 23 metres*
- Vacant possession
- Zoned Commercial 1
For Sale $380,000 + GST
For more information, please contact
Colliers Agents
Ned Tansey 0492 892 101
Jonathon Lumsden 0402 213 572
John Ryan Real Estate
John Ryan 0419 346 891
johnryan@johnryan***
*Approx
Property History for 9/186-190 Murray St, Colac, VIC 3250
- 01 Nov 2023Sold for $423,500
- 10 Aug 2023Listed for Sale SOLD - Price Withheld
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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 5,501 properties. Over the last 5 years, Houses in Colac have seen a 43.94% increase in median value, while Units have seen a 26.16% increase. As at 30 September 2024:
- The median value for Houses in Colac is $432,100 while the median value for Units is $358,319.
- Houses have a median rent of $430 while Units have a median rent of $360.
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