344-350 Murray StreetColac VIC 3250
Property Details for 344-350 Murray St, Colac
Last Listing description (February 2022)
The business affectionately known as Thwaites is a family owned and operated business and has a history dating back over 110 years. The popular bakery is a well-known and respected business throughout the region producing quality breads, pies and cakes along with providing take away food and coffee. Goods are baked daily on the premises. The prime location with main street frontage offers an enormous amount of passing traffic daily. It is a highly sought
after location in a very busy business hub of Colac.
This overall site for lease is zoned Commercial 1 and is approximately 3300 square metres of which there is approximately 1200 sq. metres undercover, which includes a fully equipped bakery with large warehouse, offices, cool rooms, large ovens and the bright and inviting retail area.
Rent of $3333 per month plus all outgoings. Lease will be 5 x 5 x 5 which commences with the new owner.
Please note - this is for the business only and not the freehold.
Property History for 344-350 Murray St, Colac, VIC 3250
- 21 Jun 2025Transferred
- 08 Dec 2021Sold for $1,000,000
- 07 Jul 2021Listed for Sale $80,000
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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