Rare in-town land holding with fantastic family home

This property represents an elite and unique multiple option opportunity in today's Elliminyt/Colac real estate market. Here is a fabulous allotment of approximately three acres bounded by three sealed road frontages and is General Residential Zone - Schedule 1.

THE PROPERTY:
This property is a rarer find than the panther in the Otway's and is calling out to all facets of buyers, someone who is after a quality built home, loves space and gardening and or property developers looking to further develop or even land bank. This lifestyle property is in the thriving Elliminyt precinct and is just a few minutes' drive to Colac's CBD and this location is within walking distance to primary and secondary schools, kindergarten, South Colac Sports Club and the Colac Golf Club. You truly do get the best of locations with this property.

THE HOME:
It is a solid and sound brick veneer family home and as you step through the front door and step onto the polished floorboards you are greeted by the master bedroom with ensuite and walk in robe then onto a separate living area, a very functional kitchen with pantry is next and it has the adjoining dining area and living space and office. Then we move through to the west wing that has two bedrooms with built in robes, the family bathroom and the internal laundry and separate toilet. The home is North facing and is serviced by ducted heating and cooling and electric cooking.

Step outside and you are greeted with a gardener's paradise, with so many lovely areas, this has to be one of the most loved gardens we have seen. Outside the kitchen area is the North facing deck that can be used to entertain year-round, out of the elements. Then there is the large separate workshop with stables.

THE OPTIONS:
You could purchase this ready to go lifestyle property as is and enjoy the lovely gardens and the space of three acres surrounding you. However a golden opportunity is at hand to further develop this allotment and having multiple road frontages offers a distinct advantage of options when it comes to subdividing, being connected to services and the sheer size means the scope for development is imminent (STCA). The Choice is yours.

All precautions have been undertaken to establish the accuracy of the above information. Interested parties should make and rely on their own enquiries in relation to all aspects of this property.

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

Due diligence checklist for home and residential property buyers.

Explore the area

School catchments

Elliminyt Primary School Primary Prep-6 Government 0.61km
Sacred Heart School Primary Prep-6 Catholic 1.2km
Trinity College Colac Secondary 7-12 Catholic 1.4km
Colac Secondary College Secondary 7-12 Government 1.8km
Lavers Hill K-12 College - Greater Otway Applied Learning School Combined Government 2.2km
Colac South West Primary School Primary Prep-6 Government 2.3km
Colac West Primary School Primary Prep-6 Government 3.1km
St Mary's School Primary Prep-6 Catholic 3.3km
Colac Primary School Primary Prep-6 Government 3.5km
Lavers Hill K-12 College - Barongarook Primary School Combined Government 7.7km
St Brendan's School Primary Prep-6 Catholic 11.6km
Alvie Primary School Primary Prep-6 Government 15.1km
Birregurra Primary School Primary Prep-6 Government 18.4km
Beeac Primary School Primary Prep-6 Government 19.8km
Forrest Primary School Primary Prep-6 Government 20.7km
Deans Marsh Primary School Primary Prep-6 Government 27.2km
Carlisle River Primary School Primary 4-6 Government 27.3km
Belmont High School-Tanybryn Camp Secondary Government 35.3km
Lavers Hill K-12 College Combined Prep-12 Government 39.2km
Lorne P-12 College Combined Prep-12 Government 39.6km
Camperdown College Combined Prep-12 Government 40.2km
Camperdown College-Brooke Street Combined Government 40.6km
Mercy Regional College Secondary 7-12 Catholic 40.8km
Apollo Bay P-12 College Combined Prep-12 Government 43.9km
Cobden Technical School Secondary 7-12 Government 45.0km
Ballarat Clarendon College - Yuulong Campus Combined Independent 47.8km
Timboon P-12 School Combined Prep-12 Government 54.1km
Derrinallum P-12 College Combined Prep-12 Government 56.8km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.