1/56 High StreetArarat VIC 3377
Property Details for 1/56 High St, Ararat
Last Listing description (October 2021)
Ray White Ararat is excited to present this prominent corner freehold investment opportunity at Shop 1, 56 High Street, Ararat. This tenanted freehold investment is positioned in a fantastic location surrounded by a multitude of National operators such as K-Mart, McDonalds, Reject Shop, Vic Roads along with nearby Govt agencies such as Health, Human Services, Medical Centre's & many other complementary businesses. The property benefits from over 20m of exposure to busy High Street along with ample customer parking at the front of the shop and adjacent to the newly redeveloped linkages streetscape project which beautifies the area creating a great precinct for pedestrians, vehicles, public transport and shoppers all driving patrons to your tenant's door. A sound history of tenants in occupancy is it's real strength that gives investors peace of mind. If it's security, prominent location and low maintenance investing you seek then look no further.
Property Attributes:
Total land area: 103 sq.m. approx.
Total building area: 95 sq.m. approx.
Current Lease Term: 2 + 5 + 5 Years.
Public Transport at your door.
Commercial 1 Zone Terms: 10% Deposit & Settlement 30/60 days.
Property History for 1/56 High St, Ararat, VIC 3377
- 02 Sep 2021Sold for $215,000
- 12 Aug 2021Listed for Sale $205,000
- 22 May 2017Listed for Rent $10,680 / year
Recent sales nearby
See more recent sales nearby
/assets/perm/3b5pauoqfyi6vbqsvnupmnw5lm?signature=adacbabfb790f20a079fd3951c6680a4a531da94044786037f8d07aa0479a023){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
0About Ararat 3377
The size of Ararat is approximately 161.2 square kilometres. It has 25 parks covering nearly 14.9% of total area. The population of Ararat in 2016 was 8297 people. By 2021 the population was 8500 showing a population growth of 2.4% in the area during that time. The predominant age group in Ararat is 50-59 years. Households in Ararat are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ararat work in a community and personal service occupation.In 2021, 69.70% of the homes in Ararat were owner-occupied compared with 68.10% in 2016.
Ararat has 4,979 properties. Over the last 5 years, Houses in Ararat have seen a 48.72% increase in median value, while Units have seen a 24.59% increase. As at 31 March 2026:
- The median value for Houses in Ararat is $407,974 while the median value for Units is $273,354.
- Houses have a median rent of $400 while Units have a median rent of $350.
Suburb Insights for Ararat 3377
Market Insights
Ararat Trends for Houses
N/A
N/A
View TrendN/A
N/A
Ararat Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
