21 Coad Street, Ararat, Vic 3377

Investor/Developer Opportunity - Prime West End Corner Block (Approx. 860m²)

Auction Saturday 31st May, 2025  onsite at 10:30am Indicative buyer range $300,000-$330,000.
Positioned on a prominent corner block in Ararat's sought-after West End, this brick veneer home presents an outstanding opportunity for investors and developers alike. Set on approximately 860m², the property offers excellent development potential (STCA), while currently generating solid rental income of $360 per week. Owner occupiers, vacant possession is possible in 60-90 days.
The residence features a spacious lounge and dining area with polished pine floors, split-system heating and cooling, a gas heater, and access to a front patio via sliding glass doors. All three bedrooms are generously sized and include built-in robes.
The kitchen offers ample timber cabinetry and storage, complemented by a country-style bathroom and a bright sunroom at the rear. Outside, the property includes a well-established yard, timber garage, and two storage sheds.
Conveniently located within walking distance to Ararat West Primary School, Ararat Community College, kindergarten facilities, and just 4-5 blocks from Woolworths and the CBD, this is a rare chance to secure a proven-growth location with immediate income and long-term potential.
Photo ID required at all inspections.