167 Barkly Street
Ararat


$325,000

Property Features


Building Size
497 m2

OUTSTANDING DUAL INCOME INVESTMENT


New to the market is this double story duel income property located in the busy hub of Ararat's CBD.The street level shop has a 2x2x2 commercial lease in place with a well-known national company recently completing their first year of their lease. Offering three generously sized office spaces, kitchen and a 50x25 ft shed which is concreted and powered. There is also rear lane access with entry via a roller door. Six car park spaces compliment this great investment. Upstairs the 2-bedroom apartment offers a kitchen, large lounge area and a renovated bathroom. The entry is via the side stair case with rear and front access. There is a 12-month lease in place here. This solid brick building is built on a 470 sq m block (approx.). The great location in Ararat's busy retail precinct offers an outstanding duel income investment with a return of $28,080 per annum.