INVEST IN A BLUE CHIP LOCATION

54 Balnagowan Avenue, Colac, 3250

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390,000 AUDEst. Mortgage: AUD 2,740/monthFor Sale
  • Ownership Type House
  • Property Area 800 sqft
  • Bedrooms 3
  • Bathrooms 2
  • Furnished No
  • Last Updated 4th Apr, 2021

Amenities

Feature that provides comfort, convenience, or pleasure
  • Garage: 1
  • Dishwasher
  • Gas Heating
  • Split-system Air Conditioning
  • Split-system Heating

Property Overview

Ideally positioned at the end of a quiet cul de sac in one of Colac’s most sought-after locations, this three-bedroom brick home will appeal to both the owner-occupier and investor alike.

Currently rented this home features a spacious lounge on entry with split system heating and cooling, gas log fire and lovely big windows which let in plenty of natural light.

The meals and compact kitchen combine to create a functional space with cork flooring and double glass doors that lead to the undercover timber deck, a great spot to relax with a morning coffee. The modernised kitchen features a gas cooktop, electric oven and stainless-steel dishwasher.

The three bedrooms are a good size with timber flooring and ceiling fans. The master bedroom offers a built-in-robe and updated ensuite bathroom. The main bathroom offers a bathtub, single vanity and separate shower recess, a smart update here would add instant value to the property.

The home is situated in an 800sqm block within a well-established garden that offers plenty of privacy. There is a small garden shed and the undercover carport, with its pitched roof, provides parking for the family car.

Balnagowan Ave is considered one of Colac’s premier addresses with its lake frontage and historic mansion currently under restoration. Investors can expect rental of $340-$350per week. The property is currently leased until May 2021 making it a set-and-forget investment.

Location on Google Map

54 Balnagowan Avenue, Colac, 3250

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