CBRE is pleased to present Tenancy 1, 309-315 Murray Street, Colac, adjoining 7-Eleven, now available for lease. Property Features Include: + Versatile 90sqm* space with dual access and frontage to Scott Street + Blank Canvas - ready to occupy + Commercial 1 Zoning (C1Z), allowing for a variety of uses including retail and take away food (STCA) + Murray Street: major arterial road in Colac with 14,500 vehicles passing daily.** + Positioned amongst an array of national brands including 7-Eleven, Autobarn, Repco and Red Rooster + Colac: a significant commercial centre between Geelong and Warrnambool. + Colac Otway Shire: catchment population of 22,300 people.*** For further information, please get in contact with the listed agent. * Approx ** Gap Maps *** Profile.id
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 2016 was 9048 people. By 2021 the population was 9243 showing a population growth of 2.2% 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 2021, 65.80% of the homes in Colac were owner-occupied compared with 66.60% in 2016.
Colac has 5,801 properties. Over the last 5 years, Houses in Colac have seen a 32.43% increase in median value, while Units have seen a 11.62% increase. As at 31 March 2026:
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