Country Living Close to Town

Ideal for developers/investors or those looking to enjoy a country lifestyle with the added bonus of future subdivision potential (STCA). Located an easy 5 minute drive from the centre of Colac, this substantial allotment consists of a small parcel zoned General Residential 1 Zone (GRZ1) and the balance as Farming Zone (FZ). This property provides a pleasing brick veneer home with four bedrooms (all with built in robes), master with ensuite and the property has plenty of shedding. Built in 1985 the home has been built to a high standard and has been carefully cared for over the years by the family. Extras include spa bath, wood heater, open fire place, split system & bay windows overlooking the circular driveway. The undercover outdoor area is perfect for entertaining family and friends and you are close to town and yet still in the quiet of the country.
With the Colac 2050 Growth Plan identifying this area of Elliminyt as the next area for residential development, there is a proposed 60-70 lot residential subdivision (STCA). This location is surrounded by outstanding properties and extremely strong land sale results, which offers exciting development possibilities for the astute investor to explore.