173-183 Murray StreetColac VIC 3250
Property Details for 173-183 Murray St, Colac
Last Listing description (September 2020)
- Ten (10) year lease to national tenant
- Fixed annual increases of 2.5%
- Substantial site area of 2,460sq m*
- Expansive retail frontage of 30 metres*
- Convenient front and rear access
- 28 on grade car parks
- Important Commercial 1 Zoning
- Net Rental: $278,980pa* (Oct'20)
Cheap as Chips operate 42 stores across 3 states - VIC, NSW & SA
*Approx.
EOI Closed - contact agents for further information.
Property History for 173-183 Murray St, Colac, VIC 3250
- 13 Sep 2020Sold for $3,720,000
- 27 Jul 2020Listed for Sale EOI Closed - contact agents for further info
- 18 May 1990Sold for $1,489,000
Recent sales nearby
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0About Colac 3250
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:
- The median value for Houses in Colac is $505,560 while the median value for Units is $352,687.
- Houses have a median rent of $483 while Units have a median rent of $400.
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