Lot 313 Lady Franklin St, Colac VIC

Description

Positioned within the growing suburb of Colac, this Dual Key offers a modern solution for comfortable living and smart investment. With 4+2 bedrooms, 2+1 bathrooms and 2 car space/s, it provides a layout that supports both functionality and lifestyle. Its design focuses on ease of living, making it attractive to a wide range of tenants and buyers. Backed by strong growth potential, it stands as a reliable and future-ready property. An ideal addition to any portfolio.

Suburb profile:

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.

Inclusions:

• 100% full turnkey dual occupancy package including landscaping, fencing, and driveway
• Two fully self-contained dwellings designed for dual living or dual income potential
• High ceiling height throughout (as per builder standard)
• Energy-efficient design in line with current building standards
• Award-winning builder with extensive industry experience

Site Inclusions-Site Works, Foundations & Connections:

• Fixed price site costs including standard site works
• Engineered slab and structural framing
• All required permits, survey, and drafting plans included
• All service connections (excluding consumer account opening and fibre connections if applicable)
• Termite treatment for long-term protection

Preliminary Inclusions:

• Developer-approved façade and siting
• Design compliant with Australian building regulations
• Independent quality inspections throughout construction

Internal Inclusions:

• Combination of timber laminate flooring, carpet, and tiles (as per plan)
• Tiles to wet areas including bathrooms, ensuite, WC, and laundry
• Plasterboard walls, ceilings, and cornice throughout
• Quality skirting and architraves with painted finish
• Internal doors with modern lever handles
• Built-in robes with shelving and hanging rails
• Window furnishings included (as per builder standard)
• Separate living, kitchen, and sleeping zones for each dwelling

External Inclusions:

• Roof tiles and external finishes as per builder colour scheme
• Colorbond fascia, gutters, and downpipes
• Brick veneer or equivalent external construction
• Feature front entry door with secure locking system
• External finishing elements including painted infills and porch ceiling (as applicable)
• Letterbox and property numbering

Landscaping Inclusions:

• Front and rear landscaping including turf, garden beds, and mulch
• Fencing to all boundaries including internal separation fencing where required
• Concrete driveway and perimeter paths
• External areas designed for functional separation between dwellings

Electrical Inclusions:

• LED lighting throughout
• Power points, TV, and data provisions (as per plan)
• Smoke detectors and safety switches in compliance with regulations
• External lighting (as per builder standard)

Appliance Inclusions:

• Quality stainless steel kitchen appliances (size and specification as per plan)
• Cooktop, oven, and rangehood
• Dishwasher (main dwelling or as specified)
• Sink with mixer tap to each kitchen

Upgraded Inclusions:

• Stone benchtops to kitchen areas
• Laminate cabinetry with overhead cupboards
• Tiled splashback to kitchen
• Modern bathroom fittings and fixtures
• Garage with remote access (as per design)

Furniture Pack Inclusions:

• Optional furniture package available at additional cost

Energy Efficiency:

• Energy-efficient construction in line with current requirements
• Insulated walls and ceilings
• Water-efficient fixtures and fittings
• Hot water system (type as per builder specification)

Warranties:

• Builder’s structural warranty
• Manufacturer warranties on appliances and fittings
• Maintenance period as per builder agreement

Designed to perform in today's rental market, this Dual Key in Colac combines reliable yield with capital appreciation potential. It's a well-rounded opportunity that fits both short-term goals and long-term strategies. A solid investment you can depend on.

Dual Key Properties stand as a prime choice for investors seeking innovative solutions to maximise their returns.

These properties are ingeniously designed to include two separate living spaces within one structure, allowing for dual rental income streams from a single investment.

This setup not only enhances the property's rental yield but also offers flexibility in tenant demographics, ranging from young professionals to small families.

The distinct separation of spaces ensures privacy while maintaining the potential for a communal lifestyle, catering to the modern tenant's desire for adaptable living arrangements.