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16-20 Murray St 26,910 SF Retail Building Colac, VIC 3250 For Sale
Investment Highlights
- Prominent 2,770 m² landholding with dual street frontage.
- High-exposure position along Princes Highway in Colac’s retail hub.
- Large-format retail building of approximately 2,500 m².
- Offered with vacant possession, enabling immediate occupation or redevelopment.
Executive Summary
This substantial retail and development opportunity is positioned in the heart of Colac’s bustling commercial precinct, offering a landholding of approximately 2,770 m² with a large-format retail building of around 2,500 m². The property boasts dual street frontages to Murray Street (Princes Highway) and Bromfield Street, ensuring exceptional visibility and accessibility for both vehicular and pedestrian traffic.
Zoned Commercial 1 (C1Z), the site provides flexibility for a range of future uses, including retail, office, or mixed-use development (STCA). Its strategic location places it among major national retailers and established local businesses, reinforcing its long-term investment appeal. The property is offered with vacant possession, presenting immediate potential for refurbishment, repositioning, or large-scale redevelopment.
With strong passing traffic along Princes Highway and proximity to Colac Station, this property represents a rare opportunity to secure a high-profile site in one of regional Victoria’s most active commercial corridors.
Zoned Commercial 1 (C1Z), the site provides flexibility for a range of future uses, including retail, office, or mixed-use development (STCA). Its strategic location places it among major national retailers and established local businesses, reinforcing its long-term investment appeal. The property is offered with vacant possession, presenting immediate potential for refurbishment, repositioning, or large-scale redevelopment.
With strong passing traffic along Princes Highway and proximity to Colac Station, this property represents a rare opportunity to secure a high-profile site in one of regional Victoria’s most active commercial corridors.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
26,910 SF
Building Class
C
Tenancy
Single
Building Height
1 Story
Building FAR
0.90
Lot Size
0.68 AC
Frontage
Amenities
- Bus Line
- Commuter Rail
- Freeway Visibility
- Mezzanine
- Signage
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16-20 Murray St
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