CBRE are pleased to present For Sale a central Colac CBD freehold retail investment leased to Westpac Banking Corporation located at 130-132 Murray Street, Colac.

The property represents a substantial 2-level freehold regional investment opportunity leased to Westpac with additional rental and development upside and is summarised by the key following points:

+ A central Colac CBD freehold retail building offered with a recently renewed 3+3+3+3 year net lease to Westpac Banking Corporation with options until 2037 generating from the ground floor a net income of $90,640* + GST + outgoings

+ Recently renovated and modern banking chambers on the ground floor with full disabled access and offering over 14.22 metres* of retail frontage and exposure to Murray Street

+ Spanning a sizeable 549 square metre* Commercial 1 Zoned landholding with rear access from Johnstones Lane with ability for redevelopment and extension at the rear of the property (STCA) for additional residential units

+ Offering an additional first floor residential floor recently vacated providing ability for immediate re-leasing, refurbishment or occupation with ability to generate an additional income stream bringing the total potential fully leased income to $111,700 per annum*

130-132 Murray Street is surrounded by major neighbouring national tenancies including CBA, Helloworld Travel, Kmart K Hub located across the road and local institution Union Club Hotel less than 50 metres* walking distance from the property

Westpac, 130-132 Murray Street, Colac is offered For Sale via Expressions of Interest closing Thursday 3rd December 2026 at 2:00pm (AEDT)

To arrange an inspection or request further information, please contact the exclusive sales and marketing agents at CBRE:

Alex Brierley
+61 447 974 447
alex.brierley@cbre.com.au

Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au

Jing Jun (JJ) Heng 王敬君 (中文普通话咨询物业详情)
+61 411 059 116 (手机)
jj.heng@cbre.com (电子邮件)
jheng1206 (微信)

*Approx.