17 Kofoed Street, Ararat VIC 3377

Sale by Fixed Date closing Tuesday 14th June , 2022 at 12pm (Unless Sold Prior ). Indicative buyer range $290,000-$300,000

Investor- developers what an amazing opportunity to secure a home set on a huge 990 sq.m block with 2 Street access plus the added bonus of a current planning permit for a 2 lot subdivision.
Ararat's property market is booming and with a shortage of rental accommodation, this is a great opportunity for investors to update the home to increase its rentability while they finalise the subdivision, develop 1 or 2 townhouses at the rear (STCA) to also rent out or to resell.
Set in a central location close to the CBD, train station & East Grampians Health service. Currently leased at $290 p/w, this home offers 3 good size bedrooms, recently installed R/C split-system in the lounge, shower , bath and modern vanity. The home retains old world charm with pine ceilings, dado boards & bull nose verandah.