2/5 Pitt Street

Colac VIC 3250

200 m²

Unit

Last sold for $275,000

Jake Theodore, last sold this property on 26 November 2025 after 127 days on market.

Overview

Position, Privacy and Potential – Last Unit Available...

Unit 2 is the final opportunity within this well-presented development of four, ideally located at the front of the complex to offer a rare combination of privacy and easy access. The smart, functional layout includes two generously sized bedrooms, both with built-in robes providing ample storage. Split-system heating and cooling delivers year-round comfort, while the private courtyard offers a low-maintenance space perfect for entertaining or simply relaxing. The unit is individually titled with separate services, except for water which will be overseen by a body corporate—adding to the property's value and offering versatility for any investment portfolio. Positioned north of Murray Street, this tidy complex is a strong contender for investors, with Unit 2 currently leased at $310 per week. Conveniently located near the Colac Showgrounds, Australian Lamb Colac (Minerva Foods), IGA, and within a short five-minute drive—or fifteen-minute walk—to the CBD and all essential amenities, this is a chance not to be missed to secure a versatile and rewarding real estate asset. *All information about the property has been provided to Richardson Real Estate by third parties. Richardson Real Estate has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to this property.

Features

2 bedrooms

1 bathroom

1 carspace

1 garage space

200 m² lot size

Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Colac over the last 12 months, the estimated median property value of 2/5 Pitt Street is $350k.

Median value

$350k

Estimated value range

$275k - $380k

Median days on market

Estimated value trend

-33%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Colac. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.