Sold
2-4 Ingor Street,
Ararat 3377, Victoria
$542,000
Property details
-
Agents
Prime Town Centre Investment Opportunity
Leased to Lardner Bros, a well-established local business with a diverse offering including locksmithing, firearms, cycles, security services, and trophies, this property has been occupied by the same tenant since 1999-a testament to its prime location and suitability. A new three-year lease commenced on the 1st January 2025, with an additional five-year option, ensuring rental stability well into the future. The property currently returns $28,616.40 per annum, offering reliable income from day one.
Positioned directly opposite a Woolworths-anchored shopping centre and just off Barkly Street, the property benefits from excellent visibility and accessibility. It is surrounded by a vibrant mix of retail and commercial businesses in the heart of the town's commercial precinct, and enjoys exposure to a large local catchment of over 11,000 residents.
The land itself is regular in shape with exceptionally wide frontages, providing excellent redevelopment flexibility. The substantial 547 sqm brick building on-site is thoughtfully laid out, comprising a front-of-house showroom and a spacious back-of-house area, perfect for storage or workshop use, with roller door access from the rear. The design is functional and efficient, easily adaptable to a range of uses in the future.
For the savvy investor, this property offers the best of both worlds: dependable income from a long-term tenant, and the potential to unlock greater value down the track through redevelopment or further uplift. Whether you're looking to collect rent from a solid, established tenant or landbank a strategic corner site in a tightly held commercial precinct, this property is not to be overlooked.
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 Secondary College Secondary 7-12 Government 0.63km
- Ararat Primary School Primary Prep-6 Government 0.83km
- Marian College Secondary 7-12 Catholic 0.84km
- Ararat West Primary School Primary Prep-6 Government 0.95km
- St Mary's School Primary Prep-6 Catholic 1.0km
- Ararat North Primary School Primary Prep-6 Government 1.4km
- Ararat Secondary College-School Farm Campus Secondary Government 1.9km
- Moyston Primary School Primary Prep-6 Government 14.3km
- Great Western Primary School Primary Prep-6 Government 16.5km
- Maroona Primary School Primary Prep-6 Government 17.7km
- Buangor Primary School Primary Prep-6 Government 23.6km
- Stawell Secondary College Secondary 7-12 Government 27.5km
- Concongella Primary School Primary Prep-6 Government 27.7km
- St Patrick's School Primary Prep-6 Catholic 27.9km
- Stawell West Primary School Primary Prep-6 Government 27.9km
- Stawell Primary School Primary Prep-6 Government 28.8km
- Pomonal Primary School Primary Prep-6 Government 30.0km
- Willaura Primary School Primary Prep-5 Government 33.5km
- Landsborough Primary School Primary Prep-6 Government 36.0km
- Beaufort Secondary College Secondary 7-12 Government 43.7km
- Lake Bolac College Combined Prep-12 Government 49.2km
- Brauer Secondary College-Dunkeld Annexe Secondary Government 64.5km
- Maryborough Education Centre-Beckworth Campus Combined Government 75.3km
- Maryborough Education Centre Combined Prep-12 Government 75.4km
- Highview College Secondary 7-12 Independent 76.1km
- Derrinallum P-12 College Combined Prep-12 Government 77.2km
- St Arnaud Secondary College Secondary 7-12 Government 80.3km
- Yuille Park Community College-Young Parents Campus Combined Government 83.3km
- Yuille Park Community College Combined Prep-12 Government 83.3km
- Yuille Park Community College-Yuille Campus Combined Government 83.3km
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.
Photos
Floorplan
Contact Fiona McDonald
Contact Fiona McDonald
Fiona McDonald
2-4 Ingor Street, Ararat VIC 3377
Request a callback
Fiona McDonald
2-4 Ingor Street, Ararat VIC 3377