Buy a property
Sell your property
Find your local agent

Opportunity knocks

Here for your property journey

News and market insights

Property experts since 1902

Browse

Terms

Floorplan Show all photos

Inspection Sat 7 Nov, 11:30am

1-3 Jenkin Street,
Ararat 3377, Victoria

4 bedrooms
2 bathrooms
2 car spaces
645m² land size
House

$480,000

Property Price Statement

Property details

Rare Investment Opportunity - Dual-Income Duplex in Central Ararat

An outstanding opportunity for investors looking to secure their first investment property or expand their existing portfolio. This dual-income duplex offers a combined rental return of $630 per week, equating to $32,804 per annum, with an established rental history spanning more than 20 years.
Positioned in a sought-after central-west location, the property is ideally situated close to popular schools and just a few blocks from Ararat's CBD and Woolworths, offering convenience and ongoing rental appeal.
Both units feature comfortable living spaces, practical layouts and secure outdoor areas, making this an appealing addition to any investment portfolio.
Investment Highlights
Dual-income duplex providing two separate rental streams
Combined rental income of $630 per week
Annual rental income of $32,804
Established rental history spanning more than 20 years
Both units currently leased, providing ongoing rental income
Sought-after central-west Ararat location
Close to popular schools, CBD and Woolworths
Unit 1 - 1 Jenkin Street
Leased until May 2028
Current rent: $1,347 per month
North-facing living room with reverse-cycle split-system heating and cooling
Two good-sized bedrooms with robes
Neat kitchen with good storage and a modern stove
Bathroom with shower over bath
Secure rear yard, garden shed and single carport
Unit 2 - 3 Jenkin Street
Leased until September 2027
Current rent: $320 per week
North-facing living room with reverse-cycle split-system heating and cooling
Two good-sized bedrooms with robes
Neat kitchen with good storage and a modern stove
Bathroom with shower over bath
Secure rear yard and single carport
Whether you're entering the investment market or looking to strengthen your existing portfolio, this dual-income opportunity offers established rental income, practical accommodation and a convenient central location.
Secure two rental incomes from one investment opportunity - inspect today!

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.

Inspections

Explore the area

Static map image for property View in Google Maps

School catchments

  • Ararat West Primary School Primary Prep-6 Government 0.39km
  • Ararat Primary School Primary Prep-6 Government 1.6km
  • St Mary's School Primary Prep-6 Catholic 1.8km
  • Ararat North Primary School Primary Prep-6 Government 1.8km
  • Moyston Primary School Primary Prep-6 Government 13.7km

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.

Back to top