1 Stewart St, Colac is a 5 bedroom, 4 bathroom Unit with 3 parking spaces and was built in 1970. The property has a land size of 650m2 and floor size of 47m2. While the property is not currently for sale or for rent, it was last sold in August 2021.
This property consists of 4 separate units, being sold as one, on the same title.
The return is amazing for the investment made. Three units are currently tenanted with the last one being owner occupied.
Units one, two and three are 1 bedroom units, unit four, with long term tenants, has two bedrooms.
Each unit is very spacious with built in storage, and each has a split system air conditioner/heater for year round comfort. There is a shared laundry with bathroom at the rear of the block and plenty of room outside to entertain friends or enjoy a BBQ.
Situated on 657sqm and featuring off street parking for five vehicles.
Set in a great location, with a short walk to Bluewater Fitness Centre and Colac High School and a just few minutes' drive to the main street, hospital, shopping centres and primary schools.
Don't miss this fantastic opportunity to secure this property. Expand your existing portfolio or start now with the great returns of this investment property.
Contact Exclusive selling agents Colac to Coast Real Estate for more information.
The size of Colac is approximately 37.5 square kilometres. It has 20 parks covering nearly 2.3% of total area. The population of Colac in 2016 was 9048 people. By 2021 the population was 9243 showing a population growth of 2.2% in the area during that time. The predominant age group in Colac is 20-29 years. Households in Colac are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Colac work in a labourer occupation.In 2021, 65.80% of the homes in Colac were owner-occupied compared with 66.60% in 2016.
Colac has 5,803 properties. Over the last 5 years, Houses in Colac have seen a 32.43% increase in median value, while Units have seen a 11.62% increase. As at 31 March 2026:
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