This commercial property in Ararat's bustling CBD presents a compelling opportunity for investors, developers, or owner-occupiers alike:
Prime Location: Situated in a highly sought-after area on Vincent Street (the Pyrenees Highway), near key intersections with Barkly Street and the Western Highway. Being in the same block as prominent retailers like Harvey Norman, IGA, and Aldi guarantees significant passing traffic and exposure.
Versatile Building: Lot 2 features a solid building spanning approximately 140 square meters. It includes a showroom/reception area with large display windows, multiple offices, storage spaces, staff amenities, and a large multipurpose workshop or warehouse storage room at the rear. The property also boasts impressive features such as new split-system air conditioners and a rendered underneath cellar.
Solid Construction: Constructed with extremely sound solid brick, hardwood timber bearers, joists, and flooring on solid brick piers, with a gable-pitched ceiling featuring clear span web trusses. This ensures durability and stability, making it suitable for various uses.
Adjacent Vacant Land: Lot 3 offers approximately 679 square meters of vacant land, providing additional development potential or space for expansion, subject to relevant approvals.
Parking: The property offers convenient front street parking for customers and rear off-laneway parking for staff, enhancing accessibility and convenience.
Diverse Usage Potential: The versatility of the building allows for many potential uses, catering to a wide range of businesses or development opportunities.
Overall, this property represents a valuable investment opportunity in a high-demand location, offering flexibility, stability, and potential for growth. Whether for investment purposes, development projects, or as a premises for an owner-operated business, this property is certainly worth considering.
