Sold Featured Co-Living Rental Guarantee

Lot 108 Road B, Colac VIC

Colac Otway Shire, VIC, 3250

$ 658,400

Sold Featured Co-Living Rental Guarantee
Colac Otway Shire, VIC, 3250
Lot 108 Road B, Colac VIC-0
Lot 108 Road B, Colac VIC-1
Lot 108 Road B, Colac VIC-2
Lot 108 Road B, Colac VIC-3
Lot 108 Road B, Colac VIC-4

Property Images

Lot 108 Road B, Colac VIC-0 Lot 108 Road B, Colac VIC-1 Lot 108 Road B, Colac VIC-2 Lot 108 Road B, Colac VIC-3 Lot 108 Road B, Colac VIC-4

Overview

Property ID: LA-10118

  • Co-Living
  • Property Type
  • 4
  • Bedrooms
  • 3
  • Bathrooms
  • 2
  • Cars
  • 195

Details

Updated on Feb 14, 2025 at 05:36 pm

Property Type: Co-Living
Price: $ 658,400
Land Price: $ 256,000
Build Price: $ 402,400
Gross Per Week: $ 920
Gross Per Annum: $ 47,840
Gross Yield: 7.27%
Capital Growth 12 Months: -4.78%
Capital Growth 10 Year Annualised: 6.68%
Vacancy Rate: 0.43%
Property Size: 195 m2
Land Area: 448 m2
Bedrooms: 4
Bathrooms: 3
Parking: 2
Title Status: June 2025
Property ID: 10118
SKU: 1029

Description

This property offers a modern family home in the tranquil Clearwater Estate. It features four bedrooms, three bathrooms, and two living areas, with a fixed-price turnkey package that includes premium finishes and a 7-star energy efficiency rating.

Suburb profile:

Colac, located in the Western District of Victoria, is a regional hub known for its vibrant community and proximity to natural attractions like Lake Colac and the Otway Ranges. The area offers excellent schools, healthcare facilities, and recreational opportunities, making it an attractive choice for families and professionals.


Site Inclusions - Site Works, Foundations & Connections:

  • Fixed price site costs, including rock excavation
  • Engineered waffle slab
  • All service connections

Preliminary Inclusions:

  • Survey and drafting plans
  • All required permits
  • Independent quality inspections
  • 3-month maintenance period

Internal Inclusions:

  • Timber laminate flooring to entry and living areas
  • Carpet to remaining areas
  • 2590mm ceiling height
  • 2040mm flush panel doors

External Inclusions:

  • Colorbond fascia, gutter, and downpipes
  • Concrete roof tiles
  • Natural color mortar with rolled joints

Landscaping Inclusions:

  • Turf, plants, mulch, and toppings for front and rear yards
  • Timber fencing, including wing fence and gate

Electrical Inclusions:

  • Gas ducted heating
  • LED downlights throughout
  • Split system air conditioning

Appliance Inclusions:

  • 900mm stainless steel upright cooker and canopy rangehood
  • Stainless steel dishwasher
  • Caesarstone benchtops in kitchen and bathrooms

Upgraded Inclusions:

  • Semi-framed shower screens
  • Polished edge mirrors to vanities

Energy Efficiency:

  • 7-star energy rating
  • Solar hot water system with gas booster

Warranties:

  • 10-year structural warranty
  • Homeowners warranty


This turnkey property in Clearwater Estate is ideal for families or investors, offering modern amenities, premium finishes, and energy-efficient design in a peaceful regional location.

A co-living property is a type of shared accommodation that offers private bedrooms with ensuite bathrooms and communal spaces such as kitchens, living rooms, dining areas, laundry facilities and outdoor areas.

Co-living properties are designed to foster a sense of community, convenience and comfort among the residents, who can enjoy the benefits of having their own space as well as socialising with like-minded people.

A co-living property attracts tenants who are looking for an affordable, flexible and hassle-free living option that suits their lifestyle and needs.

Co-living tenants are typically young professionals, students, digital nomads, entrepreneurs, creatives and seniors who value convenience, connectivity and collaboration.

A co-living property offers benefits to an investor who is looking for a high-yield, low-risk and future-proof investment opportunity.

Co-living properties have a higher occupancy rate, lower vacancy rate and lower turnover rate than traditional rental properties, as they cater to the growing demand for affordable and flexible housing solutions in urban areas.

Co-living properties also have higher capital growth potential, as they are generally located in prime locations with access to transport, education, employment and entertainment hubs.

You can read more about Co-Living here: https://ausinvestmentproperties.com.au/blogs/co-living-the-future-of-australian-housing

Disclaimer*

All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.

Documents

Lot 108 Road B, Colac, VIC 3250_1739342895PdJH3.pdf

Rental Appraisal

view?usp=drive_link

Rental Guarantee

Address Lot 108 Road B, Colac VIC
City Colac Otway Shire
State VIC
Postcode 3250
Suburb N/A

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Aus investment Properties has partnered with SQM Research to provide data across our site to assist investors in making an informed decision.

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.

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