Development opportunities like this in the heart of Ararat come along once in a generation. Two period homes side by side in Ararat’s most sought after street are set to be offered at Auction. With a mammoth combined land area of 2382 square metres (22 Dawson St = 1057m2 + 24 Dawson St = 1325m2), this is a rare opportunity for a multi-lot subdivision (STCA) in Ararat’s best location. With schools, shopping, bars and cafes all within a short stroll, the development potential presents an opportunity that is currently missing from the Ararat market. The existing period homes are a decent size, have good bones and retain charming features such as high ceilings, timber mantles and arch and dado boards, providing opportunity for renovation, or alternatively for demolition depending on your ambition.
Keys property features- 2 x 4 bedroom homes.
2 titles (1325 m2 and 1057 m2) with exceptional sealed lane access.
Both properties are currently leased returning a combined $330 p/w.
Opportunity to renovate, remove and develop (STCA)
Call for further details about the upcoming auctions which will be held onsite April 28th, 2018 from 11 am. Terms are 10 % deposit and either a 30 or 60 settlement. Agents in conjunction Elders Real Estate Ararat and First National Real Estate are proud to present this very rare opportunity to develop and or own this pristine location.