228 Road E COLAC, VIC 3250

Colac, Colac Otway, VIC, 3250

$ 717,400

Colac, Colac Otway, VIC, 3250
228 Road E COLAC, VIC 3250-0

Property Images

228 Road E COLAC, VIC 3250-0

Overview

Property ID: LA-25847

  • Dual Occupancy
  • Property Type
  • 3+2
  • Bedrooms
  • 2+1
  • Bathrooms
  • 2
  • Cars
  • 205

Details

Updated on May 28, 2026 at 10:57 pm

Property Type: Dual Occupancy
Price: $ 717,400
Land Price: $ 277,500
Build Price: $ 439,900
Gross Per Week: $ 600**
Gross Per Annum: $ 31,200
Gross Yield: 4.35%
Capital Growth 12 Months: -2.02%
Capital Growth 10 Year Annualised: 7.42%
Vacancy Rate: 0.36%
Property Size: 205 m2
Land Area: 448 m2
Bedrooms: 3+2
Bathrooms: 2+1
Parking: 2
Title Status: Q1 2027
Property ID: BP-8724360
SKU: 1045

Description

Positioned in the sought-after suburb of Colac, this Dual Occupancy offers a forward-looking investment opportunity. With 3 bedrooms, 2 bathrooms and 2 car space/s, it blends contemporary design with low-maintenance living. Its modern features appeal to today's market, while its location supports long-term value growth. Whether you're expanding your portfolio or stepping into property investment, it's well suited for future-ready buyers. A property that offers both confidence and opportunity.

Colac is a regional town in Victoria known for its affordability, community atmosphere, and close proximity to the scenic Otway Ranges. With schools, parks, shops, and healthcare facilities nearby, it provides essential infrastructure and lifestyle benefits for both families and renters. As Colac continues to grow, so too does the demand for well-designed, affordable rental properties.

Combining modern design, location and investment potential, this Dual Occupancy in Colac offers a well-rounded opportunity. It delivers both immediate appeal and long-term value, making it suitable for a wide range of buyers. A property that stands strong in today's market.

Investors looking to optimise land use and amplify their investment portfolio will find great value in Dual Occupancy Properties.

These properties cleverly accommodate two independent dwellings on a single parcel of land, effectively doubling the potential for rental income.

The design caters to a broad market, including extended families and tenants seeking spacious living options, thereby increasing the property's rental appeal.

The strategic configuration of these properties allows investors to capitalise on the growing demand for versatile housing solutions in both urban and suburban settings.

Floor plans

floor_plan.png
Address 228 Road E COLAC, VIC 3250
City Colac Otway
State VIC
Postcode 3250
Suburb Colac
Estate THE LOOKOUT ESTATE

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Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.

Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.

Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.

SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.

This property is a single-contract property suitable for an SMSF.

SMSF Single Contract

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