Buy 75 Marriner Street, Colac East
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75 Marriner Street, Colac East

Auction - Thu, 27 November 12:00PM

Auction EPR: $3,600,000 - $3,950,000

26 Bed
25 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

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Land size: 2.05 Hectares.

Auction

Inspections

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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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