Dual Key Investment Property in Colac, VIC | Aus Investment Properties - Photo 1

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Dual Key Investment Property in Colac, VIC | Aus Investment Properties - Photo 1
  • Dual Key
  • Property Type
  • 3+2
  • Bedrooms
  • 2+1
  • Bathrooms
  • 2
  • Cars
  • 183

Details

Updated on Oct 06, 2026

Property Type: Dual Key
Price: $ 692,200
Land Price: $ 264,000
Build Price: $ 428,200
Gross Per Week: N/A
Gross Per Annum: N/A
Gross Yield: N/A
Capital Growth 12 Months: -2.02%
10Yr Annualised Growth: 7.42%
Vacancy Rate: 0.79%
Property Size: 183 m2
Land Area: 448 m2
Bedrooms: 3+2
Bathrooms: 2+1
Parking: 2
Title Status: April 2027
Property ID: 39627
SKU: 1029

Description

This dual key house and land package in Colac provides a 3+2 bedroom layout across two separate living spaces within one structure, with 3 bathrooms in total (2 in the main dwelling and 1 in the second) and a double garage attached to the main dwelling. The home offers 183 m2 of living area on a 448 m2 lot, with title expected in April 2027. Landscaping, fencing and the driveway are included in the package price, together with gas ducted heating and 20 mm stone benchtops, so the investment property is presented as a complete package ready for tenants.

Colac is the main town of the Colac Otway Shire, set beside Lake Colac in Victoria's south-west. It serves as the service centre for the surrounding district, with retail, schools, health services and sporting clubs, plus a station on the Warrnambool rail line and the Princes Highway toward Geelong. Its role as a regional hub supports consistent rental demand from local workers and families.

For investors, this dual key package pairs a complete turnkey presentation with two income streams from a single title in an established regional market.

Dual Key Properties include two separate living spaces within one structure, supporting two rental incomes from a single investment while offering flexibility across tenant types, from families in the main dwelling to singles or couples in the second.

Each dwelling has its own entry, bedrooms, bathroom, kitchen, living area and laundry, preserving privacy for both tenancies, while the double garage is attached to the main dwelling. This separation suits modern rental demand and helps support yield across a diversified portfolio.

Features

  • double garage
  • landscaping fencing driveway
  • 900 mm appliances
  • Dual Key
  • 14 m frontage
  • 448 m2 lot
  • 2+1 bathrooms
  • stone benchtops
  • gas ducted heating
  • turnkey
  • 3+2 bedrooms
  • 183 m2 house
  • two separate entries
  • two living areas

Inclusions

  • carpet to bedrooms
  • Tiled kitchen splashback
  • LED downlights
  • Full turnkey package
  • Landscaping fencing and driveway included
  • Nature strip levelled and seeded
  • Clothesline
  • Garden irrigation with timers
  • 900 mm stainless steel upright cooker
  • Canopy rangehood
  • Stainless steel dishwasher
  • 20 mm Caesarstone benchtops
  • Laminate kitchen cabinets
  • Double bowl kitchen sink
  • Gas ducted heating
  • Split system air conditioner to main living
  • Timber laminate flooring to entry and living areas
  • Floor tiles to wet areas
  • Venetians and roller blinds
  • Flyscreens to openable windows
  • Hardwired smoke detectors
  • LED sensor flood light
  • 6 star energy rating
  • Solar hot water with gas booster
  • Insulation
  • Colorbond sectional garage door with motor and remotes
  • Concrete roof tiles
  • Fixed site costs including rock excavation
  • Independent quality inspections
  • 10 year structural warranty
  • 3 month maintenance period

Floor plans

Dual Key Investment Property in Colac, VIC | Aus Investment Properties - Floor Plan 1

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Address

Address Lot 226 Road E, Colac VIC (3+2 beds)
City Colac
State VIC
Postcode 3250
Suburb Colac
Estate THE LOOKOUT

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ENQUIRE ABOUT THIS PROPERTY

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  • Investor or SMSF.
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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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