12 Douglas St, Colac is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1965. The property has a land size of 896m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in June 2023.
Situated in quiet Douglas Street this low maintenance and well presented home is perfect for investors. Boasting dual zoning (Residential/Industrial), an established strong high yield with a 2 year rolling company lease in place. This great opportunity to invest in a solid return for your portfolio!
The property offers a low maintenance investment to its new purchaser, consisting of 4 bedrooms, separate living areas featuring a cozysplit system air conditioning to make sure your renters are comfortable within their tenancy. The kitchen has all the features you would seek including plenty of benchtop space, electric cooktop, oven and rangehood. The centrally located bathroom, and a very handy separate toilet add to the property conveniences.
Positioned on a block of approximately 896sq meters externally this property offers a full-length driveway with a single garage and attached workshop is a feature. The large backyard is easy to maintain and gives plenty of room for future development into commercial shedding and alternative investment opportunities (STCA).
This is not an opportunity to be missed! Contact us today to register your interest on 52 31 31 31.
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 5,772 properties. Over the last 5 years, Houses in Colac have seen a 39.33% increase in median value, while Units have seen a 20.08% increase. As at 30 November 2025:
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