129A High StreetArarat VIC 3377
Property Details for 129a High St, Ararat
Last Listing description (July 2025)
Nutrien Harcourts is pleased to exclusively offer to market 129a High Street Ararat, for sale via Private Treaty an exceptional tenanted investment opportunity.
Key investment highlights:
Site Area: *674m
A modern & diverse office space with updates throughout
Lockable & secure warehouse/workshop/shedding at the rear of the property
Excellent long term tenant
High demand location
Over 5000* vehicles pass the property daily via the Western Highway
Ararat is a regional town 2.5* hours West of Melbourne and 6* hours East of Adelaide.
Lessee: Western Quarries Pty Ltd
Lease Term: 5 Years
Lease Commencement: *28th August 2022
Lease Expiry: *29th August 2027
Further Options: 2 x 3 years (to *28th August 2033)
Increases: CPI
Total Net Income *$25,160 Excluding GST (*5.46% return)
*Denotes approximate
Property History for 129a High St, Ararat, VIC 3377
- 20 Jun 2025Listed for Sale $460,000
- 11 Apr 2018Sold for $145,000
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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 4,980 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.
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