That's Opportunity Knocking

This weatherboard home, set on a large corner block, presents a great opportunity for the first- time buyer to enter the housing market right now and reap the rewards in the future.

With the typical mid-'50s floor plan, the home features four bedrooms, the front bedroom features the original brick fireplace and both this room and the lounge retain the original decorative architraves and ceiling roses popular in the 50s. The spacious lounge has a gas heater and picture rails.

The original kitchen features an electric upright stove and a smart renovation here will add instant value to the home. Through the kitchen, you have a back bedroom and utility space or as it is commonly known, the back porch.

A central bathroom includes a free-standing shower and toilet with a second toilet off the laundry at the rear of the home.

Outside you have plenty of space for a young family and pets with a fenced backyard and single car garage.

The home is in a popular location within walking distance to Colac South West Primary School, Western Reserve and central Colac.

For investors, as is you can expect a rental return of $260-$280 per week.