12 Douglas Street, Colac

NEATLY PACKAGED INVESTMENT FOR YOUR PORTFOLIO SELLING AT 7% RETURN

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 cozy split 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).
The home is currently under company lease and boasts a generous ROI at the current advertised price of over 7% ($600 per week rental), and a gardener and cleaner included in the lease at company cost will ensure your new investment is being maintained as risk free as possible. That, coupled with industrial zoning, gives you plenty of options for development (STCA).

This is not an opportunity to be missed! Contact us today to register your interest on 52 31 31 31.