11 Nelson St, Colac is a 2 bedroom, 1 bathroom House with 6 parking spaces and was built in 1920. The property has a land size of 1170m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 2 bedroom House sold in Colac in the last 12 months.
Situated on an impressive 1170sqm, 11 Nelson Street presents a prime opportunity for investors and developers to subdivide the land and create multiple dwellings (subject to council approval).
The home itself exudes a warm and inviting atmosphere, with its timeless architectural details and unique character elements. The updated bathroom and kitchen showcase contemporary fixtures and finishes, combining functionality with style.
One of the standout features of this property is the spacious shed, boasting three roller doors. This versatile space provides ample room for storage, a workshop, or even a potential studio conversion, catering to a range of needs and interests.
The large block not only provides a fantastic opportunity for development but also offers the potential to further landscape. Whether you envision a sprawling garden, a pool, or a space for entertaining, the generous land size allows for limitless creativity.
Located in a highly sought-after area, within close proximity to Western Oval, providing the perfect opportunity for footy enthusiasts to kick the ball around.
Additionally, the property is situated within walking distance to the main street for all shopping, dining and entertainment needs.
Proudly marketed by the team at Charles Stewart Real Estate
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 2011 was 8,696 people. By 2016 the population was 9,066 showing a population growth of 4.3% 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 2011, 67.4% of the homes in Colac were owner-occupied compared with 66.6% in 2016.
Colac has 5,500 properties. Over the last 5 years, Houses in Colac have seen a 45.19% increase in median value, while Units have seen a 25.38% increase. As at 31 August 2024:
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