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186 Murray St 613 SF Retail Condo Unit Offered at $192,712 in Colac, VIC 3250
Investment Highlights
- Excellent street exposure on Corangamite Street near Murray Street.
- Rear access through Murray Square arcade for operational convenience.
Executive Summary
186 Murray St a retail strip located near the Corangamite Street intersection with Murray Street.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Owner User |
| Sale Type | Owner User |
Sale Notes
This freehold retail property offers a rare opportunity in the heart of Colac, perfectly suited for a small café, deli, or takeaway food business. The premises come fully equipped with essential kitchen facilities, including sinks, a stove, and an under-bench refrigerator, allowing a new operator to start trading with minimal setup time. Enhanced security features such as roller shutter blinds on the shopfront provide peace of mind, while reverse cycle heating and cooling ensure year-round comfort for staff and customers.
Positioned on Corangamite Street with excellent visibility and just steps from Murray Street, the property benefits from strong pedestrian and vehicle traffic. Rear access via the Murray Square arcade adds convenience for deliveries and operations. This is an affordable entry point for owner-operators or investors seeking a well-located asset in a growing regional hub.
Positioned on Corangamite Street with excellent visibility and just steps from Murray Street, the property benefits from strong pedestrian and vehicle traffic. Rear access via the Murray Square arcade adds convenience for deliveries and operations. This is an affordable entry point for owner-operators or investors seeking a well-located asset in a growing regional hub.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 7 | 613 SF | Retail | $192,712 ($314.37/SF) | - |
Unit 7
| Unit Size |
| 613 SF |
| Condo Use |
| Retail |
| Price |
| $192,712 ($314.37/SF) |
| NOI |
| - |
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Unit 7
| Unit Size | 613 SF |
| Condo Use | Retail |
| Price | $192,712 ($314.37/SF) |
| NOI | - |
| Sale Type | Owner User |
| Sale Notes | |
| This freehold retail property offers a rare opportunity in the heart of Colac, perfectly suited for a small café, deli, or takeaway food business. The premises come fully equipped with essential kitchen facilities, including sinks, a stove, and an under-bench refrigerator, allowing a new operator to start trading with minimal setup time. Enhanced security features such as roller shutter blinds on the shopfront provide peace of mind, while reverse cycle heating and cooling ensure year-round comfort for staff and customers.<br> Positioned on Corangamite Street with excellent visibility and just steps from Murray Street, the property benefits from strong pedestrian and vehicle traffic. Rear access via the Murray Square arcade adds convenience for deliveries and operations. This is an affordable entry point for owner-operators or investors seeking a well-located asset in a growing regional hub.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 10,183 SF | Floors | 1 |
| Property Type | Retail (Condo) | Typical Floor Size | 10,183 SF |
| Property Subtype | Storefront | Lot Size | 0.25 AC |
| Building Class | C |
| Total Building Size | 10,183 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 10,183 SF |
| Lot Size | 0.25 AC |
Amenities
- Bus Line
- Commuter Rail
- Courtyard
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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186 Murray St
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