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1-3 Jenkin Street, Ararat, VIC 3377
House for Sale

1-3 Jenkin Street Ararat, VIC 3377

$480,000
Property Price Statement
  • 4 Beds
  • 2 Baths
  • 2 Cars

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1-3 Jenkin Street, Ararat, VIC 3377

House for Sale in Ararat

Rare Investment Opportunity - Dual-Income Duplex in Central Ararat

  • 4 Beds
  • 2 Baths
  • 2 Cars
Next Steps:
Property Price StatementTalk to a mortgage broker

An outstanding opportunity for investors looking to secure their first investment property or expand their existing portfolio. This dual-income duplex offers a combined rental return of $630 per week, equating to $32,804 per annum, with an established rental history spanning more than 20 years.
Positioned in a sought-after central-west location, the property is ideally situated close to popular schools and just a few blocks from Ararat's CBD and Woolworths, offering convenience and ongoing rental appeal.
Both units feature comfortable living spaces, practical layouts and secure outdoor areas, making this an appealing addition to any investment portfolio.
Investment Highlights
Dual-income duplex providing two separate rental streams
Combined rental income of $630 per week
Annual rental income of $32,804
Established rental history spanning more than 20 years
Both units currently leased, providing ongoing rental income
Sought-after central-west Ararat location
Close to popular schools, CBD and Woolworths
Unit 1 - 1 Jenkin Street
Leased until May 2028
Current rent: $1,347 per month
North-facing living room with reverse-cycle split-system heating and cooling
Two good-sized bedrooms with robes
Neat kitchen with good storage and a modern stove
Bathroom with shower over bath
Secure rear yard, garden shed and single carport
Unit 2 - 3 Jenkin Street
Leased until September 2027
Current rent: $320 per week
North-facing living room with reverse-cycle split-system heating and cooling
Two good-sized bedrooms with robes
Neat kitchen with good storage and a modern stove
Bathroom with shower over bath
Secure rear yard and single carport
Whether you're entering the investment market or looking to strengthen your existing portfolio, this dual-income opportunity offers established rental income, practical accommodation and a convenient central location.
Secure two rental incomes from one investment opportunity - inspect today!

Land:

645m² / 0.15 acres

Parking:

2 carport spaces

Bedrooms:

4

Bathrooms:

2

Next Steps:
Property Price StatementTalk to a mortgage broker

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

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