60 Moore Street, Ararat VIC 3377

Large central block | period character | flexible layout | strong rental history This property offers a rare combination of a generous 1,012 m² block and a character-rich 1930s home in a central Ararat location, giving a buyer positional advantage few competing listings will match. The flexible floorplan, which can function as two to four bedrooms, broadens its appeal to both owner-occupiers seeking space and investors targeting the reliable rental demand evident from recent leasing history. The large rear yard and covered entertaining area add practical value, while the absence of heritage or flood overlays reduces approval risk for future improvements. The main consideration is the property’s need for updating, as original finishes and older services mean a buyer should budget for cosmetic and potentially structural work. This is not a move-in-ready home, but the trade-off is acquisition at a lower entry point with scope to build equity through renovation. The slight decline in achieved rent from $410 to $380 per week may reflect condition, but the property was still leased quickly, confirming ongoing tenant demand. NBN fibre and 5G coverage support modern living requirements without being primary value drivers.