OFF MARKET

35 Flaxmill Road
Colac East VIC 3250

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 35208m2
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Property Details for 35 Flaxmill Rd, Colac East

Building Type
Land
Land Size
35208m2
Local Government
Colac Otway
Lot/Plan
1/TP247645

Last Listing description (June 2024)

Discover a rare opportunity to acquire approx. 8.7 acres of prime industrial land in Colac's coveted Industrial 1 Zone. Ideally located within the Ottaway Shire Council's industrial precinct, this property boasts two separate titles and dual street frontage, offering unparalleled visibility and access.

With its expansive area, this property is a haven for diverse industrial uses, including manufacturing, warehousing, and distribution (STCA). Its strategic location ensures seamless connectivity to major transportation routes like Princess Highway, streamlining logistics and supply chain operations. The Industrial 1 Zone classification provides flexible zoning for various commercial activities (STPA), while the proximity to essential infrastructure enhances operational efficiency, offering a reassuring advantage.

The Colac region is on the brink of significant growth, driven by the Colac 2050 Growth Plan, which envisions the development of over 1,000 new homes. This thriving industrial sector positions the property as an ideal choice for business expansion and long-term investment. The supportive Ottaway Shire Council further enhances the area's appeal, fostering a business-friendly environment that nurtures industrial development.

For further details or to request a Vendor Statement or Contract of Sale, please get in touch with our exclusively appointed agents:

? Muhammad Waqas
0422 424 371
Waqas@victorialandagents.com.au

? Bobbi Brown
0420 710 005
Bobbi@victorialandagents.com.au

Take advantage of securing significant industrial land in Colac's premier zone, which is perfect for future growth and success. Interested parties are encouraged to conduct their due diligence before submitting any proposals.

Disclaimer: Dimensions are approximate and provided for informational purposes only and do not constitute a formal representation. For the latest Due Diligence Checklist, please visit:
http://www.consumer.vic.gov.au/duediligencechecklist.

Property History for 35 Flaxmill Rd, Colac East, VIC 3250

A timeline of how this property has performed in the market
Last Sold
$286,600
27 Jul 2016
  • 09 Jun 2024
    Listed for Sale Not Disclosed
  • 27 Jul 2016
    Sold for $286,600

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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 21.90% increase in median value, while Units have seen a 289.70% increase. As at 30 November 2024:

  • The median value for Houses in Colac East is $545,491 while the median value for Units is $270,602.
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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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.