1 Baker Street, Colac

Stylish Renovation Meets Solid Brick Comfort

Positioned in the heart of Colac, this beautifully renovated three-bedroom brick residence offers the perfect balance of secure investment and future family living.

Set on a 614m² allotment, the home combines solid brick construction with stylish modern updates, delivering comfort, durability, and long-term appeal. Inside, you’ll find three well-sized bedrooms, a tastefully renovated central bathroom, and a light-filled open-plan living and dining area that creates a welcoming, contemporary atmosphere. The updated kitchen is both functional and appealing, offering ample storage and quality finishes suited to modern living.

Adding to the practicality of the home is excellent vehicle accommodation, with a single garage and a separate single carport positioned on opposite sides of the house — providing flexible parking options, additional storage space, and convenience for households with multiple vehicles.

The spacious backyard offers room for children and pets to enjoy, space for entertaining, or scope for future enhancements (STCA). The substantial block size further enhances the property’s versatility and long-term value.

Currently leased until May 2026 at $480 per week, the property provides immediate rental income and peace of mind for investors seeking a low-maintenance, set-and-forget addition to their portfolio. Strong rental demand in the region continues to support consistent returns and growth potential.

For future owner-occupiers, this presents an opportunity to secure a fully renovated home now, benefit from rental income in the interim, and move in once the lease concludes. With all renovations complete, you can simply step into comfortable, modern living in an established and convenient location.

Close to schools, shopping, medical facilities, and local amenities, and within easy reach of the Surf Coast and Otway region, Colac remains a popular and steadily growing regional centre for families and investors alike.

Whether you’re investing for strong returns or planning your next home, this versatile property delivers both immediate reward and future promise.

Enquire today for further information.