Auction - Thu, 27 November 12:00PM
Auction EPR: $3,600,000 - $3,950,000
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.
Auction
Thu 27 Nov.12:00pm
Thursday, 27 November
12:00pm
Inspections
Inspection by appointment
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
Suburb Report
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