• $225000

13 Smith St, Ararat VIC 3377, Australia

Do not miss this fantastic opportunity to begin or expand your investment portfolio by stepping into ownership of this property under a current fixed lease with a rent return of $240 per week. Set on a generous 597m2 (approx.) allotment & only a quick drive to the Ararat CBD and short walk to Ararat North Primary School and Kindergarten with public transport very close by. The home features three bedrooms along with a compact bathroom, open plan kitchen offers gas cooking and ample cupboard storage. Adjoining from the kitchen you are met with the spacious light & bright lounge area, fitted with a brand-new split system to ensure comfort all year-round.

Step outside into the secure backyard presenting a workshop, carport and ample space to make your own. With the current buoyant real estate market, rental demands well exceeding supplies, there is no better time to secure this well-priced investment property offering an instant rental income from a fantastic tenant.