22 Gravesend Street, Colac, Vic 3250

$525,000 - $550,000

House
Type
3
Bedrooms
2
Bathrooms
1
Parkings
543 m²
Area

Published on Tuesday, July 14, 2026 ( See property details for 22 Gravesend Street, Colac, Vic 3250)

$525,000 - $550,000

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

A charming character-filled cottage in Colac offering modern comforts, established rental income, and a prime location on a corner allotment.

🏡 Property Highlights

  • Character-filled early settler's cottage with timeless charm
  • Modern updates including a contemporary kitchen and bathroom
  • Established rental income with current lease until September 2026
  • Convenient location close to shops, schools, and transport
  • Original features such as decorative fireplace and timber accents
  • Corner allotment with easy access to Morrison Street

✨ Key Features

  • Built-in Robes
  • Fireplace
  • Dishwasher
  • Outdoor Area
  • Home Office / Study
  • Secure Parking
  • Open-Plan Living
  • Ceiling Fans
  • Ensuite
  • Pet-Friendly
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22 Gravesend Street
Colac, VIC 3250
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Vertical aerial view — 22 Gravesend Street
22 Gravesend Street — Vertical Aerial  •  Colac, VIC 3250  •  Nearmap © 2026

Colac is a vibrant regional hub offering a blend of historic charm and modern amenities. The suburb boasts excellent schools, shopping centres, sporting facilities, and transport links, making it ideal for families and investors alike. Its welcoming community and scenic surroundings provide a relaxed lifestyle with convenient access to regional attractions and services.

What is the condition of the original character features, and have they been restored or maintained?
The original features, such as the fireplace and timber accents, have been well maintained and complemented by modern updates to ensure both charm and functionality.
Is the property suitable for future renovations or extensions?
Yes, the property’s corner allotment provides potential for future renovations or extensions, subject to council approvals.
What are the ongoing costs associated with the property, including council rates and maintenance?
Ongoing costs include council rates, insurance, and maintenance, which are typical for properties of this type and size.
Are there any restrictions or covenants on the property that could affect renovations?
Any restrictions or covenants would be detailed in the title and planning regulations; prospective buyers should verify with local council.
What is the condition of the roof, plumbing, and electrical systems?
The property has been maintained in good condition, but a professional inspection is recommended to assess the roof, plumbing, and electrical systems.
Are there any upcoming council or community development plans that could impact the property or neighbourhood? Has the property been tested for any potential issues such as asbestos, pests, or structural concerns? Are there any easements, zoning restrictions, or planning overlays affecting the property? What are the details of the current lease, and are there any conditions or clauses that could change the rental arrangement? Is there any history of flooding, bushfire risk, or other environmental hazards in the area? Are there any planned upgrades or repairs needed for the property’s original features or modern updates? What are the strata or body corporate obligations if applicable? Are there any nearby construction or development projects that could cause noise or disruption? What are the total costs involved in purchasing, including stamp duty, legal fees, and potential renovation costs? Is the property compliant with all current building codes and safety standards?

22 Gravesend Street, Colac, Vic 3250 - More Details

$525,000 - $550,000

Type
House
Bedrooms
3
Bathrooms
2
Parkings
1
Area
543 m²

Price guide

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