For Sale

1 Jenkin St, Ararat, VIC, 3377

$480,000

4
2
2
645 m²

House

•

5 days on the market

Next inspection:
Saturday 7 November 11:30 AM
View agent price guide

Inspection times

Saturday

What's around 1 Jenkin St

Rare Investment Opportunity - Dual-Income Duplex in Central Ararat

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!

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