58 Murray StreetColac VIC 3250
Property Details for 58 Murray St, Colac
Last Listing description (May 2022)
A beautifully located building on Murray Street opposite Colac's iconic Memorial Square, with a constant parade of passing vehicle and foot traffic
Wonderful heritage building that has hosted one of Colac's most popular dining establishments for 12 years. (business NOT included in the sale).
The building includes commercial kitchen, dining room, storage and amenities, with a floor area of approximately 115sqm.
Current lease term runs to November 2024, with further 6 years options
Returning $26,644 per annum, tenant pays applicable outgoings.
An opportunity to acquire an attractive passive investment in a developing regional centre.
Be quick, this one wont last long.
Property History for 58 Murray St, Colac, VIC 3250
- 11 Jun 2025Sold for $410,000
- 02 May 2022Sold for $425,000
- 20 Apr 2021Listed for Sale SOLD
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 5,772 properties. Over the last 5 years, Houses in Colac have seen a 39.33% increase in median value, while Units have seen a 20.08% increase. As at 30 November 2025:
- The median value for Houses in Colac is $495,973 while the median value for Units is $354,662.
- Houses have a median rent of $470 while Units have a median rent of $390.
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