1/28 Hewitt St, Colac, Vic 3250

$425,000

House
Type
3
Bedrooms
1
Bathrooms
1
Parkings

Last updated on Friday, May 22, 2026 ( See property details for 1/28 Hewitt St, Colac, Vic 3250)

$425,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A well-positioned, low-maintenance brick unit with strong rental income and excellent walkability in Colac’s vibrant town centre.

🏡 Property Highlights

  • Solid brick construction for durability and low maintenance
  • Currently returning $430 per week with a secure lease until October 2026
  • Prime location within walking distance to Main Street and Western Oval
  • Generously proportioned three bedrooms suitable for families or shared living
  • Immediate income stream with long-term tenancy in place
  • Well-designed practical floorplan appealing to quality tenants

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area
  • Ensuite
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Pet-Friendly

Colac is a vibrant regional hub offering excellent amenities, including cafes, retail outlets, schools, and public transport. The area boasts beautiful green spaces like Western Oval, providing recreational opportunities and enhancing lifestyle appeal. Its walkable, amenity-rich environment attracts strong rental demand and maintains low vacancy rates. The community is known for its friendly atmosphere and convenient access to essential services. This location is ideal for investors seeking stable, long-term growth in a well-established suburb.

What is the condition of the property and are there any recent renovations?
The property is constructed from durable brick with a well-maintained interior, designed for low upkeep, and there are no recent renovations noted, making it a reliable, move-in-ready investment.
What are the zoning and planning restrictions for this property?
The property is situated in a residential zone within Colac, with no known planning restrictions that would impact its current use or potential future development, but buyers should verify with local council for specific zoning details.
Are there any upcoming developments or planning activities in the area?
There are no publicly announced developments or planning activities in the immediate vicinity that could affect the property's value or lifestyle, ensuring stability for long-term tenants.
What are the potential costs associated with property management and maintenance?
Given its brick construction and low-maintenance design, ongoing costs are expected to be minimal, primarily routine property management and minor upkeep, with no significant repairs anticipated.
Is the property suitable for first-time investors or experienced portfolios?
This property is ideal for both first-time investors seeking a reliable income stream and experienced portfolios looking to diversify with a stable, well-located asset.
Are there any existing or upcoming strata or body corporate fees applicable to this property? Has the property been inspected for any structural issues or pests? Are there any easements, covenants, or zoning restrictions that could limit future modifications? What are the local noise levels and are there any nearby construction projects? Is there any history of flooding or bushfire risk in this area? Are there any hidden costs such as council rates, water charges, or maintenance fees? Has the property been compliant with all building codes and safety regulations? Are there any planned infrastructure upgrades or developments in the vicinity that could impact value? What are the terms of the current lease, and are there any conditions that could change upon renewal? Are there any restrictions on pet ownership or other tenant conditions in the area?

1/28 Hewitt St, Colac, Vic 3250 - More Details

$425,000

Type
House
Bedrooms
3
Bathrooms
1
Parkings
1

Price guide

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