OFF MARKET

25-27 Jimmy Drive
Colac West VIC 3250

Bedrooms: -
Bathrooms: -
Car spaces: 12
Land area: 1734m2
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Property Details for 25-27 Jimmy Dr, Colac West

Building Type
Land
Land Size
1734m2
Local Government
Colac Otway
Lot/Plan
25/PS546831

Last Listing description (July 2023)

Soon to be constructed just off the Princes Highway in the popular Colac West business precinct, brand new colorbond warehouse 30x12m. The warehouse has 5.2m height and 2 x high clearance roller doors for access, and will include an all abilities access bathroom and LED lighting throughout. The site is a generous 1733m2 and will be fully security fenced and hardstand suitable for heavy vehicle access.
Make your move now, and secure this opportunity, the warehouse is expected to be ready for occupation by July. Full depreciation allowances will be available to the purchaser.

Property History for 25-27 Jimmy Dr, Colac West, VIC 3250

A timeline of how this property has performed in the market
Last Sold
$250,000
08 Jun 2023
  • 08 Jun 2023
    Sold for $250,000
  • 07 Mar 2023
    Listed for Sale $610,000 + GST
  • 26 Aug 2022
    Sold for $198,000

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About Colac West 3250

The size of Colac West is approximately 6.9 square kilometres. The population of Colac West in 2011 was 136 people. By 2016 the population was 69 showing a population decline of 49.3% in the area during that time. The predominant age group in Colac West is 40-49 years. Households in Colac West are primarily couples with children and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in Colac West work in a managers occupation. In 2011, 84% of the homes in Colac West were owner-occupied compared with 79.3% in 2016..

Colac West has 110 properties. Over the last 5 years, Houses in Colac West have seen a 41.40% increase in median value. As at 30 September 2024:

  • The median value for Houses in Colac West is $614,340.
There are currently 1 property listed for sale, and no properties listed for rent in Colac west on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Colac west.

Suburb Insights for Colac West 3250

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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.