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Investment Highlights

  • Prominent highway-exposed parcel spanning approx. 23,822 sqm (2.4 hectares) with dual road frontage.
  • Existing improvements include warehousing and showroom facilities, offering immediate adaptability for occupation.
  • Strategic location along Princes Highway enhances brand visibility and access to major regional corridors.
  • Flexible Commercial 2 zoning allowing extensive retail, industrial, or mixed-use applications (STCA).
  • Significant development upside supported by surplus land component and large-scale site dimensions.
  • Rare opportunity within a tightly held Colac market experiencing growth in both residential and commercial sectors.

Executive Summary

Knight Frank is excited to present an exceptional highway-fronted freehold landholding at 16–38 Princes Highway, Colac East. Occupying approximately 2.4 hectares and delivering over 200 meters of prominent highway exposure, this property represents a rare opportunity for owner-occupiers, developers, or investors seeking scale and strategic advantage in one of Victoria’s key western growth corridors.
Currently improved with warehousing and showroom buildings, the site offers immediate utility for a range of commercial and trade-oriented uses under flexible Commercial 2 zoning. Its dual road frontage, multiple entry points, and expansive layout provide streamlined logistics and opportunity for staged or master-planned development. Future upside exists via surplus developable land within the parcel, enabling high-value initiatives such as large-format retail, hybrid industrial, or mixed-use concepts (STCA).
Strategically positioned on Princes Highway—a principal route linking Geelong and western Victoria—the property is poised to benefit from Colac’s sustained economic activity and population growth. With unparalleled exposure, accessibility, and zoning flexibility, this asset is primed for long-term value creation through occupation, repositioning, or redevelopment.

Property Facts

Sale Type Investment
Sale Condition Redevelopment Project
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 5.88 AC
Rentable Building Area 8,396 SF
No. Stories 1
Tenancy Single
  • Listing ID: 40339422

  • Date on Market: 2026-04-29

  • Last Updated:

  • Address: 16-38 Princes Hwy, Colac East, VIC 3250

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