Welcome to 2 Ross Street, Colac, a property offering plenty of potential, just a short walk from the picturesque Lake Colac. Featuring three bedrooms, a generous backyard and a 6m x 9m Colorbond shed, this home presents an excellent opportunity for first-home buyers, families or investors looking to secure a property with room to add value.
From the moment you arrive, the home offers a welcoming feel and plenty of scope to make it your own. Inside, the practical layout provides a starting point for those looking to make improvements and personalise the home to suit their own style. The kitchen and dining area offer a functional space for everyday living, with further potential to update and enhance over time.
The home features three bedrooms, providing flexibility for families, couples or those needing extra space for a home office or guest accommodation. Whether you're looking to renovate, modernise or add value over time, there is plenty of opportunity to make this property your own.
Outside, the generous backyard offers plenty of room for children and pets to enjoy, space for gardening and outdoor entertaining, or scope to explore future improvements, subject to council approval. Adding further appeal is the 6m x 9m Colorbond shed, providing valuable extra space for storage, hobbies, a workshop or those needing room for tools and equipment.
For investors, the property is currently returning $470 per week, equating to an approximate gross rental yield of 5.2%. This provides an attractive income opportunity while still offering scope to improve the property and potentially add value over time.
Enjoy the lifestyle benefits of being just a short walk from Lake Colac, with local schools, shops, sporting facilities and everyday amenities also within easy reach.
Whether you're entering the property market, searching for your next family home or looking for an investment opportunity, 2 Ross Street offers an excellent opportunity for buyers looking to roll up their sleeves and unlock its potential.
Bring your vision and discover the possibilities at 2 Ross Street, Colac.
