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1 James Street

Colac VIC 3250

3
1
2
604 m²
House
Currently for sale - view listing

Overview

Comfort, Space & Return The Complete Package

Set in a convenient pocket of Colac, this well-maintained property presents an excellent opportunity for investors seeking a reliable, low-maintenance asset with solid returns. Designed for practicality and comfort, the home features a functional kitchen with gas cooktop and dishwasher, flowing into a light-filled meals area overlooking a neat, easy-care backyard ideal for long-term tenants wanting low upkeep living. A separate lounge with large windows enhances natural light, while durable slate flooring through the main living zones ensures longevity and minimal maintenance. Bedrooms include built-in robes and quality carpet, supporting consistent rental demand. Year-round comfort is covered with air conditioning, central heating and ceiling fans key features that contribute to tenant satisfaction and retention. A standout inclusion is the substantial 9.5m x 7m shed with dual access from front and rear, offering flexibility as secure parking, storage, or workspace a highly attractive feature for a wide range of tenants. Set on a manageable block, this is a straightforward, set-and-forget investment with the fundamentals already in place. With an estimated rental yield of approximately 5.2%, it offers an appealing return alongside future potential to enhance value over time. A smart addition to any portfolio in a proven regional market.

Features

3 bedrooms
1 bathroom
2 carspaces
604 m² lot size
House

Property history for 1 James Street

2020
Sold
$349,000
Private Sale/Treaty on 02 Mar 2020 by Stephen Lugg, of Charles Stewart Real Estate Colac

Happy sellers in Colac

90%
90% of sellers in Colac reported that their sale price either exceeded or met their price expectations.

Colac stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 14 reviews in Colac over the last 12 months.

Local market activity for 3 bedroom houses in Colac

In the last 12 months, 112 three-bedroom houses similar to 1 James Street, have been sold.

This represents a 7% increase in three-bedroom houses sales when compared to the previous 12 months.

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