166 Wilson St, Colac, Vic 3250

$525,000

House
Type
3
Bedrooms
1
Bathrooms
8
Parkings
1,096 m²
Area

Last updated on Monday, July 06, 2026 ( See property details for 166 Wilson St, Colac, Vic 3250)

$525,000

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

A charming Californian bungalow on a spacious, versatile allotment with dual access, offering exceptional development potential and a large workshop shed in a prime location.

🏡 Property Highlights

  • Rich character with timeless Californian bungalow features
  • Generous 1,096 m² allotment with dual access via rear laneway
  • Outstanding development potential (STCA) for second dwelling or studio
  • Impressive 9m x 16m shed ideal for trades, storage, or workshop
  • Prime location close to local shops, schools, and amenities
  • Versatile layout with scope for renovation, extension, or updates

✨ Key Features

  • Open-Plan Living
  • Home Office / Study
  • Shed
  • Built-in Robes
  • Outdoor Area
  • Garage / Secure Parking
  • Ceiling Fans
  • Waterfront / Views
  • Pet-Friendly
  • Security Screens / Gates

Colac is a vibrant regional hub offering a blend of historic charm and modern amenities. It features excellent schools, shopping precincts, and recreational facilities, making it ideal for families and investors alike. The area boasts a strong community spirit, scenic parks, and easy access to regional attractions, all within a friendly and welcoming environment.

What are the development possibilities for this property?
The property offers significant development potential (STCA), including options for a second dwelling, studio, or rental unit, thanks to its dual access and spacious land.
Is the property suitable for renovation or extension?
Yes, the classic Californian bungalow features high ceilings and generous proportions, providing a solid foundation for renovation, updates, or extensions to enhance its value.
What amenities are nearby?
The property is conveniently located close to local shops, schools, and everyday amenities, making daily living and commuting easy.
Can the large shed accommodate multiple vehicles or a workshop?
Absolutely, the 9m x 16m shed is ideal for tradespeople, car enthusiasts, or as a versatile workshop space.
Is there scope for future landscaping or backyard improvements?
Yes, the spacious backyard offers ample room for further landscaping, redevelopment, or outdoor living enhancements.
Are there any existing planning restrictions or easements on the property that could affect development plans? Has the property been tested for any structural issues or pest infestations? Are there any upcoming zoning changes or local council developments that could impact the property’s value? What are the current council rates and potential additional costs for development or renovations? Is the property located in a flood or bushfire-prone area, and what precautions are recommended? Are there any existing warranties or guarantees on the shed or other structures? What is the history of the property regarding previous renovations or extensions? Are there any shared ownership or strata considerations if subdividing or developing? Is there any ongoing or planned nearby construction that could affect the property’s tranquility or value? What are the long-term maintenance costs associated with the property and land?

166 Wilson St, Colac, Vic 3250 - More Details

$525,000

Rich in character and positioned for convenience, this classic Californian bungalow at 166 Wilson Street, Colac 3250 delivers a compelling blend of timeless charm, generous space, and outstanding future potential—perfect for homeowners, investors, or those seeking a project with upside.

Set on a versatile allotment with rare dual access via a rear laneway, the property immediately stands out for its flexibility and development potential (STCA). Whether you’re considering a second dwelling, studio, or rental opportunity, the layout and access make this an exciting prospect for dual income possibilities.

Inside, the home offers three well-sized bedrooms and a central bathroom, complemented by a functional floorplan that caters to comfortable everyday living. The classic features of the Californian bungalow era—high ceilings, generous room proportions, and an inviting street presence—create a warm and welcoming atmosphere, while still leaving scope to renovate, update, or extend to suit your vision.

To the rear, a major highlight awaits—an impressive 9m x 16m shed that provides exceptional versatility. Ideal for tradespeople, car enthusiasts, storage, or workshop use, this expansive space significantly enhances the property’s appeal and usability.

The backyard offers ample room for further improvements or redevelopment, taking full advantage of the block’s access and layout. With the right vision, this could become a highly rewarding investment or a standout lifestyle property.

Located within easy reach of local shops, schools, and everyday amenities, this is a rare opportunity to secure a property that combines character, land, access, and potential in one attractive package.

Whether you’re looking to move in, lease out, renovate, or develop, 166 Wilson Street is packed with promise and ready for its next chapter.
Type
House
Bedrooms
3
Bathrooms
1
Parkings
8
Area
1,096 m²

Price guide

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