10 Lambert Street, Ararat, Vic 3377

Enjoy inner-city living with this fantastic investment opportunity, just steps away from all town facilities. Situated on a sprawling 1,345 sq.m block, this super central property is located adjacent to Woolworths, only one block from the main street's lively bars, cafes, and restaurants, and just three blocks from the train station.
Perfect for investor-developers, the existing tenant currently provides a rental return of $300 per week, allowing you to generate income while developing the large block with plenty of space for multiple units (STCA).
This classic period home features soaring 3m ceilings, four generously sized bedrooms, and a large open-plan living area. The kitchen offers excellent storage and is equipped with a gas stove. The bathroom includes a shower, bath, and a separate toilet.
With its huge block and prime central location, this property offers endless potential in the heart of town. Don't miss out on this rare inner-city development opportunity!