4 Coads Lane, Colac is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 914m2. While the property is not currently for sale or for rent, it was last sold in March 2023.
Have you been looking for a new property to add to your investment portfolio with a high yield, secure company tenant and the potential to increase your asset (STCA) in equity growth? Well look no further,
4 Coads Lane, Colac East is ready for its new investors!
This well built and sturdy yellow brick veneer home features three very generous sized bedrooms, separate dining and inviting lounge filled with natural light. Bathroom with separate bath , shower and vanity is central to the home and a separate toilet room allows space and privacy for the renters. The kitchen/dining area has plenty of bench and storage space with overhead cupboards. A warm sunroom and large laundry area out the back, lead through to a huge backyard area which is easy to maintain.
Situated on a large north facing 914sqm block, ripe for developing (STCA) into units or dual land parcels.
Currently holding a 2 year strong company lease due to expire 2024, leased at $1955 per calendar month with a gardener and cleaner at renters expense included in the lease for that added extra confidence your investment is working well for you!
Situated only a short walk to Lake Colac, Colac East Hotel, Australian Lamb Company and quick highway access this home wont last long!
Contact Ken today on 52313131 or email ken@caseymcdonaldrealty.com 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 5,772 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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