3/16 Queen St, Colac is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 132m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in December 2021.
** Please note that Scheduled Open Times are only for Double-Vaccinated Attendees. Single-dosed or Unvaccinated Attendees need to make alternative Private arrangements with the Agent should they wish to view the Property **
Looking to downsize or perhaps invest? This two bedroom unit is tucked away safe and sound towards the back of the property with just two further units in front. Fresh, neat and tidy this property is light-filled and efficient with north facing lounge and main bedroom that capture plenty of sunshine. Both bedrooms have built-in-robes with the bathroom offering both shower and separate bath. The kitchen with electric cooking plus dishwasher combines with the dining area whilst the split system comfortably heats and cools the property. A single carport, small storage area, enclosed courtyard plus grassed common area complete the outside of this property. Located in a prime position close to Botanic Gardens and in walking distance to Lake Colac, walking tracks, shops and Cafes. Ideally suiting someone looking to downsize or the astute investor who will have no trouble finding a tenant in a strong rental market.
Please note this property is being offered for sale fully furnished.
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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