This superb property offers lake views, stunning gardens and a beautiful family home merging timeless architecture and modern conveniences - and that's just the start of this exciting story… Every few years an iconic Colac home with a sought-after address hits the market, and the buyers will know how fortunate they are to secure such a prestige property. The picture-perfect Hamilton Street home on 1,183square-metre block looks across open space to the Colac Yacht Club, Lake Bowling Club, with Lake Colac and walking path just metres away. The functional floor plan includes two separate spacious living rooms and five bedrooms - three on the second storey and two on the ground floor - offering flexibility to suit any buyer. A bedroom could easily be converted into a home office or an upstairs living space, with options for guests or family preferring a downstairs room. The modern kitchen features a stainless-steel dishwasher, electric hot plate and dual wall ovens offering convection and fan-forced cooking. The kitchen flows through to a formal dining room and living room. Ducted heating warms the home, and a large open fireplace provides ambiance in the private family room. Updated bathrooms and separate toilets are located upstairs and downstairs, and the large laundry provides ample storage. The single garage features access directly into the house, and a large covered alfresco area extends into the backyard. Manicured lawns, sculpted hedges, established garden beds and a garden storage shed complete the picture, with plenty of space for kids or pets to play. Neutral tones and quality fittings throughout the stylish, immaculate home leave no work necessary but also create an appealing blank canvas for personal touches. An inspection will certainly impress.