Sold

2-4 Ingor Street,
Ararat 3377, Victoria

1,226m² land size
547m² building size
Retail

$542,000


Property details

Prime Town Centre Investment Opportunity

This is an exceptional opportunity for investors seeking a secure, long-term asset with a strong tenant and future development potential. Located in a high-exposure, town-centre position, this 1,226 sqm corner site presents both immediate income and significant future upside.
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.

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Explore the area


School catchments

  • Ararat Primary School Primary Prep-6 Government 0.83km
  • 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
  • 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

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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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