3/58 Wallace Street, Colac VIC 3250

3-bed unit with 2 car spaces | built 2006 in small complex | no overlay constraints | zoned to Colac schools | generous 122m² internal A rare combination of space and modernity is offered by this unit. Strong appeal to families and downsizers is found in its low-maintenance configuration. Built in 2006, it is newer than much of Colac’s housing stock, which is an advantage for insulation and layout. The 122 square metre interior and small five-property complex are seen to provide privacy. The lack of overlay constraints is noted to simplify future use. Owner-occupiers valuing a lock-and-leave lifestyle within a school catchment are best suited by this property, though its configuration also supports investor interest. The property’s age may require attention to systems like heating within the next decade though no immediate issues are flagged. The single bathroom might be considered a limitation but is typical for this size. The condition of kitchens and bathrooms may influence value more than the build year alone given the lack of finish details.