12 Banksia Street 5,382 SF Industrial Building Ararat, VIC 3377 $463,970 ($86.21/SF)

This centrally located industrial property in Ararat presents a rare opportunity for owner-occupiers or investors seeking a versatile asset with future development potential. Positioned just one block from the Ararat CBD and Post Office, the site spans 2,734 m² across two titles and includes a functional 500 m² building. Zoned Commercial 1, the property supports a wide range of uses and redevelopment options (STCA), making it an attractive long-term investment.
The existing improvements feature a dedicated office area, high-clearance access with large front and rear doors, and three-phase power, ensuring operational efficiency for industrial or warehousing needs. Additional amenities include a rear wash bay with drainage, a secure fenced yard for storage or vehicle access, and extensive concreted hardstand areas. With vacant possession available, buyers can immediately occupy or explore leasing strategies to generate income. This property combines immediate usability with strong upside potential in a tightly held central location.