Lot 4 Sheoak Ct, Colac VIC (HPS)

Colac Otway Shire, VIC, 3250

$ 898,335

Colac Otway Shire, VIC, 3250
Lot 4 Sheoak Ct, Colac VIC (HPS)-0
Lot 4 Sheoak Ct, Colac VIC (HPS)-1
Lot 4 Sheoak Ct, Colac VIC (HPS)-2
Lot 4 Sheoak Ct, Colac VIC (HPS)-3
Lot 4 Sheoak Ct, Colac VIC (HPS)-4
Lot 4 Sheoak Ct, Colac VIC (HPS)-5

Property Images

Lot 4 Sheoak Ct, Colac VIC (HPS)-0 Lot 4 Sheoak Ct, Colac VIC (HPS)-1 Lot 4 Sheoak Ct, Colac VIC (HPS)-2 Lot 4 Sheoak Ct, Colac VIC (HPS)-3 Lot 4 Sheoak Ct, Colac VIC (HPS)-4 Lot 4 Sheoak Ct, Colac VIC (HPS)-5

Overview

Property ID: LA-11303

  • SDA
  • Property Type
  • 2+OOA
  • Bedrooms
  • 3
  • Bathrooms
  • 2
  • Cars
  • 181

Details

Updated on Mar 24, 2025 at 02:35 pm

Property Type: SDA
Price: $ 898,335
Land Price: $ 324,000
Build Price: $ 574,335
Gross Per Week: $ 3,776
Gross Per Annum: $ $196,344
Gross Yield: 21.86%
Capital Growth 12 Months: -4.78%
Capital Growth 10 Year Annualised: 6.68%
Vacancy Rate: 0.43%
Property Size: 181 m2
Land Area: 671 m2
Bedrooms: 2+OOA
Bathrooms: 3
Parking: 2
Title Status: Titled
Property ID: 11303
SKU: 1029

Description

This is a High Physical Support SDA property located in Lakeside Estate, Colac. The property features a modern three-bedroom, three-bathroom home with a two-car garage, designed for enhanced accessibility and comfort. With a total house area of 181.415m² on a spacious 671m² lot, this residence is tailored to meet the needs of individuals requiring specialized living solutions. The home is built with high-quality finishes and inclusions, ensuring a fully turnkey package with premium accessibility features.

Suburb profile:

Colac is a regional town in Victoria known for its scenic surroundings, community-focused lifestyle, and access to essential amenities. The town is well-connected by road and rail, making it a convenient location for residents. Colac offers a mix of recreational, educational, and healthcare facilities, making it a desirable location for both families and individuals seeking a relaxed yet well-serviced environment.


Site Inclusions - Site Works, Foundations & Connections:

  • Fixed price site costs, including rock excavation.

Preliminary Inclusions:

  • All required permits, survey, and drafting plans.
  • Engineer-designed slab and foundations.
  • Compliance with design guidelines.

Internal Inclusions:

  • 2590mm ceiling height for a spacious feel.
  • Engineered waffle slab with pine wall frames and roof trusses.
  • Flush panel doors (2040mm high) with lever door handles.
  • 67mm single bevel architrave and skirting.
  • 75mm scotia cornice.
  • 3-coat paint system throughout, with gloss enamel for architraves and skirting.
  • Obscure glazing in ensuite, bathroom, and WC.
  • Window locks on all openable windows.
  • Roller blinds for all clear glazed windows and sliding doors.
  • Flyscreens on all openable windows and barrier doors for sliding doors.

External Inclusions:

  • Concrete roof tiles with Colorbond fascia, gutter, and downpipes.
  • Brickwork with natural color mortar and rolled joints.
  • Painted infills above garage doors and all windows.
  • Color-through concrete driveway and path to porch.
  • Letterbox with house numbers.
  • Colorbond sectional garage door with remote control.

Landscaping Inclusions:

  • Combination of turf, plants, mulch, and toppings for front and rear yards.
  • Irrigation connected to two garden taps with timers.
  • Timber fencing with wing fence and gate.
  • Compacted paths around the house perimeter.
  • Nature strips leveled and seeded.
  • Clothesline.

Electrical Inclusions:

  • LED downlights throughout.
  • Double power points in all rooms.
  • Weatherproof LED flood light with sensor outside the laundry.
  • Hardwired smoke detectors with battery backup.
  • Two TV points and one TV antenna (estate-specific).
  • Two phone points.

Appliance Inclusions:

  • 900mm stainless steel upright cooker and canopy rangehood.
  • Stainless steel dishwasher.
  • 20mm Caesarstone benchtops with a square edge in the kitchen.
  • Laminate base and overhead cabinets with a bulkhead.
  • Stainless steel double-bowl sink with a mixer tap.
  • Tiled splashback.

Upgraded Inclusions:

  • Full turnkey package, including landscaping, fencing, and driveway.
  • Premium interior finishes and appliances.
  • 6-star energy rating compliance.

Energy Efficiency:

  • Solar hot water system with a gas booster.
  • Insulation to walls and ceilings.
  • Self-sealing exhaust fans above showers.
  • External venting for exhaust fans and rangehoods.

Warranties:

  • 3-month maintenance period.
  • 10-year structural warranty.
  • Homeowner’s warranty.


This High Physical Support SDA property in Colac offers a fully turnkey home with modern accessibility features, high-quality inclusions, and premium finishes. With a spacious layout and a strong focus on comfort, convenience, and energy efficiency, this home is designed for individuals requiring specialized accommodations in a well-serviced regional location.

SDA – Specialist Disability Accommodation – High Physical Support

SDA Accommodation:

An SDA home, which stands for Specialist Disability Accommodation, is a type of housing designed to meet the specific needs of individuals with significant disabilities who require high-level support and specialised accommodation. SDA aims to provide suitable housing options for participants with complex support needs.

High Physical Support Housing:

High physical support housing includes a high level of physical access for people who need very high levels of support. For example, you may need a ceiling hoist, backup power supply, or home automation and communication technology.

Benefits for Participants:

Improved Quality of Life: SDA homes are tailored to provide accessible and inclusive living environments, promoting independence, comfort, and safety for participants.

Benefits of SDA:

Cost Effectiveness: SDA aims to reduce the overall cost of disability support by providing suitable housing options. Offering appropriate accommodation can help prevent or minimise the need for more expensive, institutionalised care settings.

Benefits for the Community:

Inclusion and Accessibility: SDA homes create inclusive communities by providing accessible housing options for individuals with disabilities. This promotes social integration and enables participants to participate more fully in community life.

Benefits for Property Investors:

  1. Sustainable Financial Returns: Investing in SDA homes can provide property investors with stable, long-term rental income due to the ongoing demand for specialised accommodation for individuals with disabilities.
  2. Secure Tenancy: SDA homes often come with secure, long-term tenancy agreements, providing property investors greater stability and reduced vacancy rates.
  3. Ethical and Social Impact: Investing in SDA homes allows property investors to make a positive social impact by supporting individuals with disabilities and creating inclusive communities.
  4. Government Support: SDA provides financial incentives for property investors who choose to invest in SDA homes, offering potential financial benefits and enhancing the viability of such investments.

Overall, investing in SDA homes can offer property investors a combination of financial stability, social impact, and government support, making it an attractive investment option.

Disclaimer*

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

Address Lot 4 Sheoak Ct, Colac VIC (HPS)
City Colac Otway Shire
State VIC
Postcode 3250
Suburb N/A

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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.

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

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