This dual key house and land package in Colac offers a 3+2 bedroom layout, 2+1 bathrooms and a double garage, with 229 m2 under roof on a 392 m2 lot in Clearwater Estate, with title expected in March 2027. Colour-through concrete paving, fencing, front and rear landscaping and an alarm system are part of the turnkey package, along with stone benchtops to the kitchen and kitchenette, so it is a complete package rather than a bare build.

The floor plan places a three-bed main residence and a two-bed secondary dwelling under one roofline, with a shared double garage. The main residence has an ensuite and walk-in robe to the master bedroom, a second bathroom and an open kitchen, meals and family area, while the secondary dwelling has its own rumpus living area, kitchenette, bathroom and laundry.

Colac is a regional centre in the Colac Otway Shire, and Clearwater Estate is a masterplanned community on the shores of Lake Colac, about a 5-minute drive from the Colac town centre. Supermarkets, medical centres, retail stores, a mix of public and private schools and a range of sport and recreation clubs are within easy reach, which supports steady tenant demand. Investors can use that demand in a yield-focused portfolio.

For investors, this dual key package offers two rental incomes from a single title across two separate dwellings.

A dual key home places two separate living spaces in one structure, giving two rental incomes and flexibility across tenant types.

Each dwelling has its own living area, kitchen or kitchenette, bedrooms, bathroom and laundry, so the two can be leased separately or together.