228 Road E COLAC, VIC 3250
Colac, Colac Otway, VIC, 3250$ 717,400 Sold
This property has sold.
- Dual Occupancy
- Property Type
- 3+2
- Bedrooms
- 2+1
- Bathrooms
- 2
- Cars
- 205
Details
Updated on Jun 19, 2026
| Property Type: | Dual Occupancy |
|---|---|
| Price: | $ 717,400 |
| Land Price: | $ 277,500 |
| Build Price: | $ 439,900 |
| Gross Per Week: | $ 760** |
| Gross Per Annum: | $ 39,520 |
| Gross Yield: | 5.51% |
| Capital Growth 12 Months: | 3.52% |
| 10Yr Annualised Growth: | 7.42% |
| Vacancy Rate: | 1.15% |
| Property Size: | 205 m2 |
| Land Area: | 448 m2 |
|---|---|
| Bedrooms: | 3+2 |
| Bathrooms: | 2+1 |
| Parking: | 2 |
| Land Title Date: | Q1 2027 |
| Property ID: | 26667 |
| SKU: | 1045 |
| Sold: | Sep 07, 2026 |
Description
This Dual Occupancy in Colac has been carefully crafted to offer both practical living and solid returns. Featuring 3 bedrooms, 2 bathrooms and 2 car space/s, it balances functionality with contemporary style. Designed to meet the demands of modern tenants, it provides strong rental performance and long-term growth. Its combination of design, location and value makes it a reliable investment option. A smart addition to any property portfolio.
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.
Offering a blend of functionality, style and growth potential, this Dual Occupancy in Colac is designed to perform. Whether for investment or living, it provides lasting value in a competitive market. A property that meets both present and future needs.
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
Forecasted value over 20 Years
Forecasted value is based on the 10 Year annualised growth.
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Morayfield QLD 4506
Morayfield QLD 4506ENQUIRE ABOUT THIS PROPERTY
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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.