244 Murray StreetColac VIC 3250
Property Details for 244 Murray St, Colac
Last Listing description (December 2023)
Located in a prominent position on the main street of Colac, this property presents an opportunity for a savvy entrepreneur to start your own business.
The commercial kitchen is fully equipped with high-quality appliances and meets all necessary regulations and health standards, making it a turnkey operation for any culinary venture. The serving area and dining area have been thoughtfully set up to maximize customer comfort and enjoyment, with an inviting atmosphere.
In addition to the main commercial space, this property also includes personal quarters out the back, giving you the opportunity to set up your office space close by or use it as a private area throughout the day.
With its prime location and the potential for growth and success, it will be an attractive option for a range of businesses.
Overall, this property presents a rare opportunity for a turnkey commercial operation in a prime location on Murray Street. A unique and attractive opportunity for the aspiring entrepreneur looking to enter the bustling world of commercial real estate.
The property is being offered for lease as a commercial property, while also for sale.
Property History for 244 Murray St, Colac, VIC 3250
- 24 Jul 2024Transferred
- 11 Dec 2023Listed for Rent $600 / week
- 11 Mar 2016Sold for $135,000
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 5,798 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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