2/10 Gravesend St, Colac is a 2 bedroom, 1 bathroom Unit. The property has a land size of 118m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in June 2022.
This brick veneer two-bedroom unit has so much to offer. Situated in a convenient central location, offering only a short walk to the main street and all its amenities.
Inside, the lounge room includes reverse cycle air conditioning and adjoins the functional kitchen, comprising of electric cooking and vibrant 70's flamingo pink overhead cabinetry. Storage should never be a problem with both bedrooms providing built in robes as well as built in storage in the hall. Set on a low maintenance block, the courtyard allows space to make your own veggie garden. Unit 2 10 Gravesend Street has excellent potential for buyers to bring the property into modern times. If you are looking for an investment, this unit has a potential rental income of $250 per week.
Just 1km to the supermarket, hospital, and a hop, skip and jump to the train station, simply move in and appreciate leaving the car at home each morning.
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 5,512 properties. Over the last 5 years, Houses in Colac have seen a 42.29% increase in median value, while Units have seen a 28.04% increase. As at 31 October 2024:
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