Auction Sale - Sold on Nov 20, 2025
Contact Agent for Sold Price
26 Bed
20 Bath
25 Car
2.05 ha
High yield investment with development potential (STCA)
An exceptional investment delivering close to a gross 12% return, this landmark Colac property comprises 22 fully compliant units, a main residence and caretaker’s quarters, set on five acres (approx.) near Lake Colac. All units are leased on twelve-month agreements averaging $330 per week, with a extensive waiting list ensuring 100% occupancy. With an on-site caretaker for over 11 years, it is
... Read moreLand size: 2.05 Hectares.
Location
Schools
St Mary's School
Calvert Street Colac
2.9km
Colac Specialist School
120a Wilson St Colac
3.3km
Colac West Primary School
12 Ligar Street Colac
3.5km
Colac Secondary College
142 Hearn Street Colac
3.7km
The floorplan, measurements of rooms and land size are approximate. Jellis Craig does not accept any liability or responsibility for any inaccuracy in any plan, drawing or rendering used in the advertising material to describe the land and/or the property and/or any described features.
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