Just a block from the stunning Botanic Gardens, walking tracks and lakeside cafes is the development site (STCA) or renovator's delight you've been hoping would one day hit the market.
The potential with this property, which sits on a massive 1058m2 block, is exciting and its new owner is certain to reap an impressive reward.
Located in one of Colac's most sought-after neighbourhoods, the existing floorplan offers several options to create a three or four-bedroom home, or reconfigure completely and extend, subject to council approval.
Developers will also have their eye on this rare find, with the block size and location enticing any astute buyer who knows valuable real estate when they see it.
Perfect position in a regional city on the edge of the Otway's, less than two hours from Melbourne and an hour from beaches and the Great Ocean Road.
Bring your tape measure, creative ideas and motivation, and arrange an inspection today.
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