Skip to content

165 Reed Road, Colignan, VIC, 3494

Colignan VIC 3494

  • 6 Bed
  • 3 Bath
$385,000
Enquire now

Unique Dual-Dwelling Opportunity with Income Potential

Marty Deacon, Director at Elders Real Estate, is pleased to present this rare and versatile property – ideal for extended families, investors, or accommodation providers.

Set on a spacious 2000m² (½ acre) block, this property offers two fully furnished dwellings and excellent potential for dual living or rental income.
Property Features:

Main Dwelling – Bunkhouse Accommodation
* Self-contained accommodation currently configured to sleep up to 12 occupants
* Includes a commercial-grade stainless steel kitchen, two bathrooms, and open plan living area
* Currently used to house seasonal workers at $140 per person per week for 3–4 months annually
* Wi-Fi and mobile coverage available

Second Dwelling – 2-Bedroom Cottage
* Stand-alone, fully furnished 2-bedroom home
* Open plan living, galley kitchen, bathroom, and laundry
* Front and rear verandas
* Single lock-up garage plus additional lean-to for boat or second vehicle
* Sleeps up to 8 people

Key Highlights:
* Total of 6 bedrooms across both dwellings
* Sleeps up to 20 people
* Fully furnished – walk-in, walk-out sale
* Income-generating potential from seasonal accommodation
* Ideal for a larger family, dual living, or investor

An inspection will not disappoint – properties like this don't come along often!

Features

General Features

  • Bedrooms: 6
  • Bathrooms: 3
  • Land Area: 2,000sqm
  • Air Conditioning

Homestead

  • Bedrooms: 6
  • Bathrooms: 3

Can I afford 165 Reed Road, Colignan, VIC, 3494?

Whether you’re a first-time buyer, looking for your next home, or considering upgrading or downgrading, Elders Finance can unlock the doors to the right finance option for you and get you into the home of your dreams.

Calculators

Elders Real Estate Mildura/Wentworth/Robinvale

Enquire about 165 Reed Road, Colignan, VIC, 3494

Property guides and resources

Regional vs Capital: Where Property Returns Are Stronger in 2026

It’s no secret that the Australian property market is no longer moving…
Read more

Q1 2026 Property Market Review: Where Australia Stands and What Comes Next

As the first quarter of 2026 wraps up, the Australian property market…
Read more

Why the Market Reawakens After Easter

Every year, the Australian property market seems to follow a familiar rhythm.…
Read more