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33 Princes Street,
Ararat 3377, Victoria

2 bedrooms
1 bathroom
1,000m² land size
House

$250,000


Property details

Attention Investors & Developers

Attention Investor Developers: Here's an exceptional opportunity in a prime central location! This 1000 sq.m corner block comes with side lane access and is zoned as 'General Residential.' The property is ideally situated within the schools precinct and is just a stone's throw away from the CBD, two supermarkets, and the train station. It's a strategic location that promises a bright future for your investment.
This property presents numerous possibilities for investor developers and renovators alike. Consider a multi-townhouse development (STCA) to maximize the potential of this site. You also have the option to renovate the existing house, increasing its rental cash flow value, or continue collecting the current rent of $300 per week from the current renters.
The period cottage exudes character with its high ceilings and offers a comfortable lounge complete with gas heating. There are two good-sized bedrooms and an additional bungalow for added space. The older-style kitchen provides plenty of storage cupboards and even a walk-in pantry. The bathroom features a shower over the bath, and a separate toilet.
With easy yard access from the lane, garden sheds, storage sheds, and rental compliance, this property is ripe for development or renovation. Don't miss out on this opportunity to invest in your future now. Contact us today to learn more about this promising real estate venture.

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

Due diligence checklist for home and residential property buyers.


Explore the area


School catchments

  • Ararat Primary School Primary Prep-6 Government 0.19km
  • St Mary's School Primary Prep-6 Catholic 0.24km
  • Ararat North Primary School Primary Prep-6 Government 1.4km
  • Ararat West Primary School Primary Prep-6 Government 1.9km
  • Moyston Primary School Primary Prep-6 Government 15.2km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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