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5 Steven Crescent,
Ararat 3377, Victoria

3 bedrooms
1 bathroom
900m² land size
House

$250,000


Property details

Huge Block, Huge Potential!

Elevate your investment portfolio with this golden opportunity tailored for investor developers. This 3-bedroom home, yielding a robust $310 per week (as of early May 2024) is not just a rental gem but a strategic investment poised for future development. The property, clad for low maintenance, boasts a commendable track record with current tenure since 2020, ensuring consistent returns. Inside, the home showcases neat updated kitchen, polished timber floors, aluminum windows, and gas heating, creating an attractive and easily leasable interior.
What sets this investment apart is its vast potential for development and dual occupancy (STCA) on the expansive 900 sq.m block. The large yard, complemented by a storage shed and rear lane access, adds intrinsic value to the property. This is an unparalleled chance for investor developers to capitalize on a promising opportunity in the real estate market. Act now to secure your stake in this lucrative investment and unlock the full potential of this property.

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 North Primary School Primary Prep-6 Government 0.65km
  • St Mary's School Primary Prep-6 Catholic 0.95km
  • Ararat Primary School Primary Prep-6 Government 1.1km
  • Ararat West Primary School Primary Prep-6 Government 2.2km
  • Moyston Primary School Primary Prep-6 Government 16.0km

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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