144 Murray Street,
Colac, VIC 3250

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Key property information

Land area

Floor area

Property extent

Tenure type

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Map of 144 Murray Street

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Fully Leased Trophy Freehold

Fully leased investment
Three tenants, one Title
Significant town centre site

Fully leased investment with tenants including Charles Stewart.
Real Estate, established and popular Cafe and Beauty clinic.
Annual CPI rent reviews.
Tenants pay usual outgoings.
Irreplaceable town centre position with 'on title' thoroughfare connecting Target & Coles (Murray St) to Woolworths (Bromfield St).
Impressive, well maintained 330 sqm building.
Significant 480 sqm site with premium Commercial 1 Zoning.
Colac: A significant regional centre, midway between Geelong and Warrnambool with trade catchment in excess of 30,000.
Total Rent: $55,048.80 pa.

Auction 11am AEDT Wednesday 29 October, River Room, Crown Casino.

Colac, 3250 demographic data

The median household income for Colac is $1,108, 20% lower than Regional Victoria's household income of $1,386. Colac has an older age profile compared to the rest of Regional Victoria (median age 44 vs 43). Property ownership data shows 41% of property owners in Colac have a mortgage.

9,243

Population

$1,108 per week

Median household income

44 years

Median age

Owners

Most residents

Families

Most households