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3/148 High Street, Ararat VIC 3377-Image For Sale
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3/148 High Street, Ararat VIC 3377

Incredible Investment Opportunity

House
Type
4
Bedrooms
2
Bathrooms
2
Parkings

Published on Tuesday, August 25, 2026 ( See property details for 3/148 High Street, Ararat VIC 3377)

$590,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A modern, low-maintenance four-bedroom brick home with secure rear lane access, excellent tenant, and contemporary comforts in Ararat.

🏑 Property Highlights

  • Modern brick veneer home built in 2024 with contemporary design
  • Currently leased until April 2027 with a reliable rental income of $520 per week
  • Expansive 701m² allotment with rear lane access for secure parking
  • Two distinct living zones including an open-plan kitchen, dining, and lounge
  • Four spacious bedrooms with built-in robes and a master suite with walk-in robe and ensuite
  • Ducted heating and split-system air conditioning for year-round comfort

✨ Key Features

  • Built in robes
  • Ensuite
  • Open-Plan Living
  • Split-System Air Conditioning
  • Secure Parking
  • Rainwater Tank
  • Garage / Secure Parking
  • Outdoor Area / Balcony
  • Water tank
  • Pet-Friendly
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3/148 High Street
Ararat, VIC 3377
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Vertical aerial view β€” 3/148 High Street
3/148 High Street — Vertical Aerial  •  Ararat, VIC 3377  •  Nearmap © 2026

Ararat is a vibrant regional centre offering excellent amenities, a strong community atmosphere, and convenient access to transport and services. The suburb boasts a mix of modern homes and established properties, making it ideal for families and investors. With parks, schools, and shopping nearby, Ararat provides a balanced lifestyle. The area is known for its affordability and growth potential, attracting those seeking a quality regional lifestyle. Its strategic location ensures easy connectivity to Melbourne and other major centres.

What are the key features of this property?
This property features four spacious bedrooms, two bathrooms including an ensuite, open-plan living areas, ducted heating, split-system air conditioning, secure rear lane access, a rainwater tank, and a double electric garage.
Is the property currently rented, and what is the rental income?
Yes, the property is leased until April 2027 to excellent tenants, generating a reliable income of $520 per week.
What are the main advantages of the property's location?
Located in Ararat, the property benefits from proximity to local amenities, transport links, parks, and schools, making it ideal for families and investors seeking growth potential.
Does the property have any sustainability features?
Yes, it includes a rainwater tank and a gas hot water system, contributing to lower utility costs and energy efficiency.
What is the condition of the property?
The property is a near-new build from 2024, presenting modern finishes, contemporary design, and low-maintenance features.
Are there any upcoming plans for development or construction in the area that could affect the property? Are there any zoning restrictions or easements on the property that could impact future renovations? Has the property been inspected for any structural issues or defects? Are there any strata or body corporate fees applicable to this property? Is the property located in a flood or bushfire-prone area, and what are the associated risks? Are there any planned upgrades or repairs needed for the property in the near future? What are the terms of the current lease, and are there any conditions that could change? Are there any restrictions on pet ownership or outdoor modifications? Is the rear lane access legally secured and maintained? Are there any nearby construction or development projects that could impact noise levels or privacy?

3/148 High Street, Ararat VIC 3377 - More Details

Incredible Investment Opportunity

Perfectly positioned at 3/148 High Street, Ararat, this modern brick veneer gem offers a seamless blend of contemporary design, spacious living, and immediate financial return. Built in 2024 and set on an impressive allotment of approximately 701mΒ², this property represents a secure, set-and-forget addition to your real estate portfolio. The home is currently occupied by excellent renters on a fixed-term lease until April 2027, returning a lucrative and reliable $520 per week from day one.
Designed with modern families and effortless entertaining in mind, the expansive floor plan boasts two distinct living zones. The heart of the home features a light-filled open-plan kitchen, dining, and lounge area, complemented by a separate second lounge room that provides the perfect retreat for children or a quiet media space. Year-round comfort is absolutely assured thanks to ducted heating throughout the entire home, alongside a powerful split-system unit in the main living hub.
The clever layout accommodates four generously sized bedrooms. The master suite serves as a private sanctuary, complete with a spacious walk-in robe and a sleek ensuite featuring a shower and toilet. The three remaining bedrooms are all well-proportioned, each equipped with built-in robes and serviced by a central family bathroom complete with a shower, relaxing bath, and vanity, alongside the added convenience of a separate toilet. Storage is an absolute standout feature of this property, highlighted by an exceptionally large linen press that easily caters to a growing household's needs.
Stepping outside, the property continues to impress with a highly secure, low-maintenance yard that enjoys the rare and highly sought-after advantage of convenient rear lane access, making it perfect for secure vehicle, boat, or trailer storage. Sustainability and efficiency are integrated seamlessly with a gas hot water system and a rainwater tank to keep utility costs down. A double electric garage provides secure internal parking and peace of mind, featuring direct internal access straight into the house for ultimate rainy-day convenience. Blending a near-new build, premium creature comforts, and an exceptional tenant already in place, this High Street property is a rare find in today's market.
Type
House
Bedrooms
4
Bathrooms
2
Parkings
2
Area
0.0

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