106 Lambert Street, Ararat, Vic 3377

Sale by Set Date - November 26th 12pm

Set on an expansive allotment of approximately 1,557m², this property presents a rare opportunity for renovators, builders and buyers with the vision to unlock its enormous potential.

There's no hiding the fact that work is required, with much of the home needing renovation. For those looking for their next project, the foundations are here to create something truly special while adding substantial value along the way.

The home currently comprises three bedrooms, a central bathroom, separate toilet and two generous living spaces. A standout feature is the large private rumpus room positioned at the rear of the home, offering views across the backyard and plenty of scope for transformation.

While the interior requires attention, several key improvements have already been completed. The roof was replaced approximately five years ago and remains in excellent condition, while the majority of the external weatherboards are also in sound order, with the western side requiring the majority of the external repairs. A solar system is already installed, providing the added benefit of reduced energy costs into the future.

Outside is where this property truly shines. A substantial shed with power and concrete flooring offers excellent storage and workspace options and is complemented by an attached double carport. Together they provide accommodation for up to six vehicles, making the property ideal for tradies, car enthusiasts or those needing extra room for equipment and trailers. A separate garden shed adds further storage convenience.

Secure fencing surrounds the property, while the large allotment benefits from both front and rear access, providing flexibility and potential that is increasingly difficult to find. The generous land size and excellent rear access may also present future opportunities for subdivision or dual occupancy development (STCA), allowing purchasers to capitalise on the full potential of this sizeable parcel of land.

Whether you're looking to undertake a major renovation, create your dream home, landbank for the future, or explore development opportunities, this is an opportunity to secure a property with genuine upside and exceptional foundations for future improvement.

Contact Brad or Luke today to arrange your inspection and discover the potential for yourself.

Type

House

Bedrooms

3

Bathrooms

1

Parkings

6

Area

1,557 m²