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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

41-43 Gravesend Street
Colac, VIC 3250

$890,000 - $930,000

6
Bed
3
Bath
5
Cars
Land Size: 1746 sqm
Property Type: House
Listed Date: 11th Apr 2026
Last Updated: 15th Apr 2026
Overview

ALL CLASS WITH MULTIPLE OPTIONS

This exceptional offering presents a rare and distinguished opportunity in the current Colac real estate market, featuring two properties on separate titles situated side by side, close to the central business district and benefiting from significant passing traffic.

The first property, located at 43 Gravesend Street, is a magnificent period home that epitomizes elegance and sophistication. It boasts expansive living areas, a chef's kitchen, a library, three bedrooms, and two bathrooms. The residence radiates warmth, comfort, and timeless style throughout. Set on a generous allotment of 1326 square meters, the home is equipped with solar panels, a solar hot water system, gas ducted heating, and a reverse cycle air conditioner, ensuring efficient temperature control year-round.

The beautifully maintained cottage-style gardens provide a serene pathway leading to a 15-meter swimming and lap pool, creating a private oasis for relaxation and enjoyment.

Conveniently located within walking distance to key local amenities such as the ALC Stadium, City Bowls Club, Bluewater Fitness Centre, COPPAC, the Railway Station, and the CBD, this property offers excellent accessibility. Nearby educational facilities include both primary and secondary schools as well as kindergartens. Ample off-street parking is available via rear lane access, accommodating multiple vehicles with ease.

The second property, at 41 Gravesend Street, is a solid and well-maintained brick veneer home featuring two bedrooms, a north-facing living room, a well-appointed bathroom, and a sunroom. Situated on a 420 square meter allotment, this charming residence also includes a new carport and a large, thriving vegetable garden.

This unique combination of properties offers versatile potential. The high volume of passing traffic makes it an ideal opportunity to reside in the main home at 43 Gravesend while generating income from 41 Gravesend. Possible uses include operating a business (subject to council approval), providing accommodation for extended family members, or renting out the secondary residence. This arrangement allows for the convenience of living next door to your workplace, a truly distinctive lifestyle advantage.

All information provided has been carefully compiled; however, prospective buyers are encouraged to conduct their own investigations to verify all details relating to the property.

Change History
Headline When
$890,000 - $930,000
$1,390,000 - $1,460,000
Location
41-43 Gravesend Street
Colac VIC 3250
Market Insights for Colac VIC 3250
New Listings (last 30 days)
7
Average price
$501,429
Lowest price
$340,000
Highest price
$770,000
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* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.