SIGNIFICANT MULTI-TENANTED INVESTMENT OPPORTUNITY
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86-94 Murray Street, Colac VIC 3250

For Sale By Expression of Interest

RetailSize: n/a
Block size: 3850 m² approx.
This unique offering represents an opportunity to acquire a property with eleven (11) separate tenancies, headlined by national retailer Petstock, with a 10+10 year lease.
In addition to Petstock, the fully leased property has a variety of tenants including Ten Pin bowl, hairdressers, retailers, café, laundromat and apartments with a range of tenures that ensure multiple reliable cash flows.
Large commercially zoned land holding of approximately 3,850m² (in 17 titles) with long frontage to both Murray and Bromfield Streets, this site offers flexible future options.
Colac is a major regional commercial centre with a thriving economy diversified with agricultural, manufacturing and tourism drivers. Centrally located amongst other national retailers including Coles, Bunnings, Aldi and Woolworths. Less than 1km from important infrastructure such as Colac Area Health and COPACC Performing Arts Centre.

Full details are available in detailed Information Memorandum, inquire now.

For Sale By Expression of Interest.

Inspections

No inspections scheduled on Allhomes, yet. You may ask the agent about upcoming inspections.

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Contact Anthony McDonald to learn more about this property, request an inspection or take an online tour.

Key details

Garage Spaces:
8
Property type:
Retail
Block Size:
3850 *

Other Details

Lot:
1
Plan:
TP169543
Legal description:
1\TP169543
Charles Stewart Real Estate Colac

Maps and area information

Block information
Block size: 3850 (approx)
Legal description: 1\TP169543
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
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Property history

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See Colac's suburb profile

Colac suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
46 years
Population
9,243
Listing ID: 181918784. This listing has been viewed 6 times. It was first displayed on 11/09/2023 and last updated on 15/05/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.