521 Corangamite Lake Road

Cororooke VIC 3254

1096 m²

House

Currently for sale - view listing

Overview

Two residences, one title - $800 per week return!

Set on a single title and cleverly configured as two separate residences, this versatile property presents an outstanding opportunity for investors or families seeking space, flexibility and strong returns at $800 per week! Each home offers three bedrooms and one bathroom, along with split system heating and cooling for year-round comfort. With independent living arrangements and both residences currently leased to two excellent tenants, the property provides an immediate and reliable income stream-making it a true set-and-forget investment with healthy returns already in place. The dual-residence layout also makes this property ideal for extended family living, dual occupancy, or future lifestyle flexibility, delivering generous accommodation and separation when required. Situated in the peaceful rural township of Cororooke, yet located under 10 minutes' drive to Colac, the property enjoys the perfect balance of country living with convenient access to schools, shopping and essential services. A rare single-title dual-residence opportunity offering income, flexibility and location-properties of this calibre are seldom found. Currently has 6.3+% annual yield.

Features

6 bedrooms

2 bathrooms

1096 m² lot size

House

Property history for 521 Corangamite Lake Road

2025

Rented

Undisclosed

Leased on 15 Aug 2025 by Colac To Coast Real Estate

2022

Rented

Undisclosed

Leased on 05 Sep 2022 by Colac To Coast Real Estate

Happy sellers in Cororooke

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Local market activity for 6 bedroom houses in Cororooke

In the last 12 months, 1 six-bedroom house similar to 521 Corangamite Lake Road, have been sold.

Sold

For Sale

For Rent

View the listing for inspection times, agent contact details, and more.

at Ray White Colac