OFF MARKET

9 Parkinson Street
Colac East VIC 3250

Bedrooms: -
Bathrooms: -
Car spaces: 10
Land area: 1040m2
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Property Details for 9 Parkinson St, Colac East

Building Type
Commercial
Land Size
1040m2
Local Government
Colac Otway
Lot/Plan
5/PS547464

Last Listing description (January 2021)

Princes Highway Location, Colac East
Accredited food manufacturing facility comprising approx 300m floor area
3 phase power connected

Offices, lunchroom and amenities
Ample onsite car-parking
Flexible Commercial 2 zoning
Landlord will consider leasing part only of building

Colac is a busy regional centre with a thriving food manufacturing sector that includes Bulla dairy foods, Australian Lamb Company and Otway Pasta to name a few. Linked to Geelong and Melbourne (150km) by the recently duplicated Princes Highway.
Colac Otway Shire is the perfect regional location to base a manufacturing business.

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Property History for 9 Parkinson St, Colac East, VIC 3250

A timeline of how this property has performed in the market
Listed for Rent
$448/w
20 Jan 2021
  • 25 Sep 2019
    Listed for Rent $27,027 / month
  • 17 Apr 2019
    Listed for Rent $55,000 / year

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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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