Positioned in Ararat's highly sought-after west end, this property presents a fantastic opportunity for investors, developers or those looking to secure a site with strong future potential. Set on a generous allotment, this offering provides flexibility, holding income and exciting development prospects.
Adding to the appeal, there are provisional (non-approved) plans in place for a 3-lot subdivision, mirroring the approved concept at neighbouring 89 George Road. With much of the planning and vision already established, this presents a fantastic opportunity to explore a similar development outcome (STCA).
The location is a standout, positioned just metres from a bus stop and within close proximity to Ararat West Primary School, while also being only a short walk to the town centre, shops and essential amenities. This is a position that continues to see strong buyer and tenant demand.
With 89 George Road also available, buyers have the rare opportunity to secure one or both properties, opening the door for a larger scale project or landholding in a tightly held and highly desirable pocket of Ararat.
Offering rental income, future development potential and a prime location, this is a well-rounded opportunity that is becoming increasingly hard to find.
Contact the listing agent Aidan Moar on 0458 579 328 to discuss further or arrange your inspection.