Simplicity is the key.

If you simply want to step into the housing market, or simply want to start or add to your investment portfolio, there is not a simpler choice than this! This clad home in central Colac is neat and cosy and ready for a new owner.

The home offers a functional kitchen with an incorporated dining space and gas stove and cooktop. There is a good amount of cupboard space and a view of the backyard.

The lounge features a decorative retired fireplace and the polished timber floors add warmth and style. There is split system heating and cooling for year-round comfort. Timber venetian blinds also enhance the room.

The two bedrooms feature built in robes, are carpeted and contain picture railing on all walls.

The bathroom houses a vanity and shower and could easily be updated to a more contemporary style. There is a separate toilet and also a mud room off the laundry providing the perfect parking for boots and shoes in the colder, muddier months.

Located on a corner block, good fencing surrounds and there is access into the single shed off the side street. The home is set on a 602sqm block giving you plenty of room to enjoy the outdoors and plenty of scope to create your own little oasis or it even has potential for a sub division (STCA).

Currently the property is leased for a return of $255 per week.

Within walking distance to the Coles complex and ideally located to Colac Secondary College, Bluewater Leisure Centre and the central Reserve. Attractively priced and with interest rates at an all-time low, this home is well worth a look.