Completely renovated in 2019 this masterfully designed property caters for short/long term accommodation & is a registered Rooming House, showcasing 5 fully furnished, self-contained apartments plus extra-shared facilities.
These thoughtfully designed apartments have their own kitchen, bathroom, living quarters and private courtyard. The extra shared kitchen is located near the main entrance with direct access to the deck/sitting area, laundry and carpark. With wheelchair access throughout and fully compliant with current council regulations this unique property has had no expense spared with its clever renovation. Conveniently located only one block from the main street and supermarkets this unique investment opportunity really sets itself apart from your average investment property.
The flexible design and legal classification as a registered rooming house caters for a huge variety of uses such as; Workers accommodation Affordable short or long term residential housing Aged care facility NDIS housing scheme Backpackers Air BNB Or you can occupy one apartment and lease out the rest!
In recent years there has been booming demand for workers accommodation from roadworkers, the wind farm, AME, Ararat Meat Exports, NDIS ect.
Various leases are in place with opportunity to improve the already healthy yield. Capitalize on Ararat's fantastic rental returns and call the agent today.
5 x bathrooms (1 x disabled) 5 x car parks 6 x Kitchens 5-11x beds
Inspections
No open inspections scheduled.
Send an enquiry
Contact Brad Jensen to learn more about this property, request an inspection or take an online tour.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.
Property history
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Indicative selling price, median house price for the suburb and comparable sales information has been provided by the agent in compliance with Estate Agents Act 1980.
Ararat suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
46 years
Population
8,500
Listing ID: 182301096. This listing has been viewed 14 times. It was first displayed on 15/02/2024 and last updated on 15/02/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.