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Overview
1 James Street, Colac
This well-maintained house is located in a convenient area of Colac, offering an excellent opportunity for investors seeking a reliable, low-maintenance property with solid returns.
The home is designed with practicality and comfort in mind, featuring a functional kitchen equipped with a gas cooktop and dishwasher. The kitchen flows into a bright meals area that overlooks a neat, easy-care backyard, making it ideal for tenants who prefer low upkeep living.
A separate lounge area with large windows enhances the natural light throughout the home. Durable slate flooring runs through the main living zones, ensuring longevity and minimal maintenance. The bedrooms are fitted with built-in robes and quality carpet, supporting consistent rental demand.
Year-round comfort is assured with air conditioning, central heating, and ceiling fans, all contributing to tenant satisfaction and retention.
A notable feature of the property is the substantial shed measuring approximately 9.5 meters by 7 meters, with dual access from the front and rear. This versatile space offers secure parking, storage, or workspace options, appealing to a wide range of tenants.
Set on a manageable block, this property represents a straightforward, set-and-forget investment with the fundamentals already in place. It offers an estimated rental yield of approximately 5.2%, providing an attractive return alongside future potential to enhance value over time.
This property is a smart addition to any portfolio in a proven regional market.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Colac VIC 3250
Market Insights for Colac VIC 3250
Other properties in this postcode
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