7 Mimosa Avenue, Ararat VIC 3377

Prime Location, Enormous Potential & Exceptional Land

House
Type
3
Bedrooms
1
Bathrooms
1
Parkings
185.0 m2
Area

Published on Thursday, October 08, 2026 ( See property details for 7 Mimosa Avenue, Ararat VIC 3377)

$520,000

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

A versatile brick home on a large, dual-access block with development potential, ideal for investors or future developers in Ararat.

🏑 Property Highlights

  • Expansive 1,611m2 allotment with dual street frontage and rear access
  • Potential for future subdivision or development (STCA)
  • Solid brick home with comfortable living spaces and natural light
  • Prime location just a short distance from Ararat CBD and sporting precincts
  • Currently leased with immediate income of $355 per week
  • Up-to-date compliance checks including gas, electrical, and smoke alarms

✨ Key Features

  • Built-in Robes
  • Outdoor Area
  • Garage
  • Water tank
  • Open-Plan Living
  • Security Screens / Gates
  • Fly Screens
  • Split System Air Conditioning
  • Ceiling Fans
  • Pet-Friendly
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7 Mimosa Avenue
Ararat, VIC 3377
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Vertical aerial view β€” 7 Mimosa Avenue
7 Mimosa Avenue — Vertical Aerial  •  Ararat, VIC 3377  •  Nearmap © 2026

Ararat is a vibrant regional hub offering a blend of historic charm and modern amenities. The suburb boasts excellent transport links, a variety of local shops, parks, and sporting facilities, making it ideal for families, investors, and developers seeking growth and community spirit. Its strategic location provides easy access to regional attractions and future development opportunities, ensuring long-term value.

What are the current zoning and development restrictions for this property?
The property is zoned for potential multi-dwelling development (STCA), with existing planning controls allowing for subdivision and future development subject to council approval.
Are there any known issues or defects with the property?
All required safety and compliance checks, including gas, electrical, and smoke alarms, are up to date, with no known defects reported.
What are the ongoing costs associated with the property?
Ongoing costs include council rates, maintenance of the established gardens, and utility expenses. The property is currently leased, providing rental income of $355 per week.
Is the property suitable for future subdivision or multi-dwelling development?
Yes, the large allotment with dual street access offers significant potential for subdivision or multi-dwelling development, subject to council approval (STCA).
What are the nearby amenities and services?
The property is conveniently located close to Ararat CBD, local sporting precincts, parks, shops, and public transport options, providing a comfortable lifestyle and easy access to essential services.
Are there any existing easements, covenants, or zoning restrictions that could affect future development plans? Has the property experienced any flooding or bushfire risks in recent years? Are there any upcoming planning or construction projects in the vicinity that could impact the property’s value or living environment? What are the total costs involved in potential subdivision or development, including council fees and approvals? Is there any history of structural issues or repairs needed for the existing home?

7 Mimosa Avenue, Ararat VIC 3377 - More Details

Prime Location, Enormous Potential & Exceptional Land

Set on an expansive approx. 1,611m2; allotment just a stone's throw from the Ararat CBD and local sporting precincts, this solid brick home offers an incredible opportunity for first-home buyers, savvy investors, and visionary developers alike. Featuring dual street frontage with practical rear access from Waratah Avenue, the sheer size of the block presents outstanding potential for future subdivision or development (STCA).

Inside, the home offers comfortable and practical living. The spacious lounge room is bathed in natural light through beautiful large windows and is kept comfortable year-round with a gas heater and a reverse cycle split system. The adjoining functional kitchen comes well-equipped with electric cooking and an abundance of storage. Three well-proportioned bedrooms service the household, all centered around a neat main bathroom.

Stepping outside, you will find beautifully established gardens that create a serene outdoor backdrop, complete with a single carport and a small rainwater tank for convenience. Dual street access from Waratah Avenue enhances the property's overall versatility, making full use of this impressive land holding.

The property is currently on a periodic lease returning $355 per week, making it a seamless addition to any investment portfolio. For complete peace of mind, all required compliance checks are up to date, including the Gas Safety Check completed in September 2025, as well as the Electrical Safety and Smoke Alarm checks completed in August 2026.

Whether you are looking to secure a quality investment with immediate holding income, move in and enjoy the expansive grounds, or capitalise on a prime multi-dwelling site (STCA), 7 Mimosa Avenue is a rare find.
Type
House
Bedrooms
3
Bathrooms
1
Parkings
1
Area
185.0m2

Inspections times

  • 7 Mimosa Avenue, Ararat VIC 3377

    Saturday 10 October
    9:30 am - 9:45 am
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