Westpac, 130-132 Murray Street, Colac, Vic 3250

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Retail
|Land/Development
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Published on: 30 Oct 2026
Last updated on: 30 Oct 2026
Westpac, 130-132 Murray Street, Colac, Vic 3250
Westpac, 130-132 Murray Street, Colac, Vic 3250
Westpac, 130-132 Murray Street, Colac, Vic 3250
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Westpac, 130-132 Murray Street, Colac, Vic 3250
  • 18
Property ID: 505270044
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Key property information

Land Size
549.00 m2
Floor Area
477.00 m2
Tenure Type
tenanted

A central Colac CBD retail investment leased to Westpac with rental & development upside

Westpac, 130-132 Murray Street, Colac, Vic 3250
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.

Property Details

Basic Info

Property Type
RetailLand/Development
Listing Status
On Market
Land Size
549.00 m2
Address
Westpac, 130-132 Murray Street, Colac, Vic 3250
Alex Brierley
Alex Brierley
Nathan Mufale
Nathan Mufale
Jing Jun Heng
Jing Jun Heng
Level 34, 8 Exhibition Street, Melbourne, Vic 3000
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Email enquiry to CBRE - VIC

Alex Brierley
Alex Brierley
Nathan Mufale
Nathan Mufale
Jing Jun Heng
Jing Jun Heng
Level 34, 8 Exhibition Street, Melbourne, Vic 3000
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      Property ID: 505270044

      Original Property ID: 505270044
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