Queensborough Terrace 1 Murray St 2,153 SF Retail Building Colac, VIC 3250 $457,522 ($212.53/SF)

Queensborough Terrace presents a rare opportunity to acquire a landmark heritage property in one of Colac’s most prominent commercial locations. Positioned on the corner of Murray and Queen Streets, this highly visible site offers exceptional exposure to Princes Highway traffic as it enters the city’s business precinct.
Constructed in 1871 and meticulously maintained over the years, the building showcases a striking stone façade with arched windows and retains many original period features, including high pressed-metal ceilings. Internally, the property offers a spacious main front room with abundant natural light, multiple versatile rear spaces, a kitchenette, storage, and male/female bathrooms. Modern conveniences such as reverse cycle heating and cooling complement its historic character.
The property also features a large, vine-covered rear courtyard, creating a unique setting for hospitality or retail concepts. Zoned Commercial 1, the building is suitable for a wide range of uses, including retail, office, café, bar, or other hospitality ventures. Offered with vacant possession, this property represents an outstanding opportunity for owner-occupiers or investors seeking a distinctive asset in a high-traffic location.