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1-5/26 Vincent Street,
Ararat 3377, Victoria

5 bedrooms
5 bathrooms
5 car spaces
1,000m² land size
Block of Units

$585,000

Property details

Unit Complex returning $52,000 p.a.

Auction 24th January, 2024 to be held at the Ararat Oval Community Centre, Ararat Oval Precinct, Ararat, from 6pm. Bidding registration from 5:30pm on Auction night.

Diversify and enhance your investment portfolio or super fund with this outstanding opportunity to acquire a proven rental-performing unit complex. Comprising five well-maintained 1-bedroom units, this investment is a testament to reliability with all units fully tenanted and currently generating an impressive annual return of $52,000. The complex is a rare find in the market, offering the stability of bricks and mortar in a very central location, with the CBD and two supermarkets within two blocks, all situated on a substantial 1000 sq.m corner block.
This investment promises strong returns, with four units housing long-standing tenants, delivering an impressive 8.6% gross return. Each unit is thoughtfully designed, featuring a tidy open-plan kitchen and living area, a main bedroom with robes, and direct access to the bathroom/laundry area. A single carport and a private courtyard add to the allure of these units, providing convenience and appeal to potential tenants. This is an exceptional opportunity to secure a sound investment in a thriving location, combining consistent returns with the potential for future growth. Act now to capitalize on this rare chance to add a reliable income stream to your investment portfolio.

Inspections strictly at the 3 advertised Open House times.


Unit 1- $190 p/w, periodic lease, renter moved in April 2011
Unit 2- $190 p/w, periodic lease, renter moved in March 2009
Unit 3- $190 p/w, periodic lease, renter moved in August 2019
Unit 4- $190 p/w, periodic lease, renter moved in July 2018
Unit 5- $240 p/w, Fixed lease, 12 month lease until August 2024

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

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School catchments

  • Ararat Primary School Primary Prep-6 Government 0.78km
  • St Mary's School Primary Prep-6 Catholic 1.0km
  • Ararat West Primary School Primary Prep-6 Government 1.4km
  • Ararat North Primary School Primary Prep-6 Government 1.8km
  • Moyston Primary School Primary Prep-6 Government 14.3km

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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