8 Skene Street, Colac, VIC 3250 | Property Value & History | OnTheHouse
OFF MARKET

8 Skene Street
Colac VIC 3250

Bedrooms: -
Bathrooms: -
Car spaces: 12
Land area: 615m2
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Property Details for 8 Skene St, Colac

Building Type
Commercial
Land Size
615m2
Local Government
Colac Otway
Lot/Plan
1/TP402493

Last Listing description (October 2024)

This large double/ triple brick warehouse building with distinctive saw tooth roofline is centrally located in Colac. The warehouse is from an earlier era, and has loads of historic charm, and retains many original features inside.
Clear span floor area of 25x21 metres with additional floor area of 19x9m plus offices and amenities areas. Access via wide roller door into main floor space, and second roller door access to the workshop area.
Land size of approximately 1345m2 in two titles, with flexible commercial 1 zoning allows this warehouse to be employed for retail or other purposes. The building features 80 solar panels on the roof, keeping power costs to a minimum.

The property is available either with vacant possession, or the vendors may lease it back for a period of time, which would help to reduce the GST applicable.
Currently operating as an antiques and collectables warehouse the property would also suit many other uses ranging from storage, to micro brewing and food and hospitality. You can let your imagination run wild.

Property History for 8 Skene St, Colac, VIC 3250

A timeline of how this property has performed in the market
Last Sold
$696,000
22 Nov 2024
Listed for Rent
$64/w
12 Mar 2019
  • 22 Nov 2024
    Sold for $696,000
  • 04 Sep 2023
    Listed for Sale $795,000 plus GST
  • 14 Mar 2019
    Sold for $583,000
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About 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 5,796 properties. Over the last 5 years, Houses in Colac have seen a 30.49% increase in median value, while Units have seen a 26.33% increase. As at 28 February 2026:

  • The median value for Houses in Colac is $498,084 while the median value for Units is $379,164.
  • Houses have a median rent of $480 while Units have a median rent of $390.
There are currently 20 properties listed for sale, and 2 properties listed for rent in Colac on OnTheHouse. According to Cotality's data, 281 properties were sold in the past 12 months in Colac.

Suburb Insights for Colac 3250

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.