Asking $650,000

Impressive Corner Freehold in the Heart of Ararat

– View the virtual tour and floor plan
– Prime 1,226 square metre corner site
– 24 metre frontage to High Street and 40 metre frontage to Ingor Street
– Substantial 547 square metre brick building
– Leased to Lardner Bros – locksmiths, firearms, cycles, security, trophies
– The tenant has leased the property since 1999
– 2 + 3 + 5 year lease from 01/01/23
– Returning $26,556 per annum net
– Only $48.54 per square metre bet across the building area
– The building is well designed and functional – front of house showroom and back of house storage/workshop, with rear roller door
– Directly opposite the Woolworths anchored shopping centre
– Town centre location, just off Barkly Street, and surrounded by retail and commercial
– Substantial local catchment of 11,000 people
– Collect the rent from the long term tenant, while planning future uplift or redevelopment

2-4 Ingor Street, ARARAT

Asking $650,000

Description
Impressive Corner Freehold in the Heart of Ararat

– View the virtual tour and floor plan
– Prime 1,226 square metre corner site
– 24 metre frontage to High Street and 40 metre frontage to Ingor Street
– Substantial 547 square metre brick building
– Leased to Lardner Bros – locksmiths, firearms, cycles, security, trophies
– The tenant has leased the property since 1999
– 2 + 3 + 5 year lease from 01/01/23
– Returning $26,556 per annum net
– Only $48.54 per square metre bet across the building area
– The building is well designed and functional – front of house showroom and back of house storage/workshop, with rear roller door
– Directly opposite the Woolworths anchored shopping centre
– Town centre location, just off Barkly Street, and surrounded by retail and commercial
– Substantial local catchment of 11,000 people
– Collect the rent from the long term tenant, while planning future uplift or redevelopment

Agent Details
Agency Details
Modo Property

location

Suite 6/609 Canterbury Road
Surrey Hills VIC, 3127

phone

Key Details
property ID 4012148
land size 1226m²
build size 547m²
Media
Location