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3 Gordon Street 4,628 SF Industrial Building Ararat, VIC 3377 $535,650 ($115.73/SF) 5.33% Cap Rate



Investment Highlights
- Two-title industrial property totaling approximately 2,893 m² of land in a High Impact Industrial 3 Zone.
- Features include high-clearance front and rear access doors, 3-phase power, and a dedicated office space.
- Located in a well-established industrial precinct with strong exposure and convenient transport connectivity.
- Currently leased until late 2026, generating $40,000 per annum plus GST for immediate income stability.
- Securely fenced corner site with dual street frontages for enhanced accessibility and operational efficiency.
Executive Summary
This offering presents a rare opportunity to acquire a substantial industrial holding in Ararat, comprising two titles on a high-exposure corner site. The property spans approximately 2,893 m² of land across 3 Gordon Street and 15 McGibbony Street, situated within a High Impact Industrial 3 Zone. Currently leased until late 2026 with an annual return of $40,000 plus GST, the asset provides immediate income security for investors.
The improvements include a well-maintained industrial shed with high-clearance front and rear access doors, a dedicated office at the building’s frontage, and robust infrastructure such as 3-phase power. Secure perimeter fencing and dual street frontages enhance operational flexibility and site accessibility. Positioned in a prominent location, the property benefits from strong visibility and convenient connectivity to local transport routes, supporting a wide range of industrial uses.
This freehold-only sale delivers long-term potential for owner-occupiers or investors seeking a tenanted asset with future upside. The combination of zoning, access, and existing lease covenant makes this an attractive acquisition in one of Ararat’s established industrial precincts.
The improvements include a well-maintained industrial shed with high-clearance front and rear access doors, a dedicated office at the building’s frontage, and robust infrastructure such as 3-phase power. Secure perimeter fencing and dual street frontages enhance operational flexibility and site accessibility. Positioned in a prominent location, the property benefits from strong visibility and convenient connectivity to local transport routes, supporting a wide range of industrial uses.
This freehold-only sale delivers long-term potential for owner-occupiers or investors seeking a tenanted asset with future upside. The combination of zoning, access, and existing lease covenant makes this an attractive acquisition in one of Ararat’s established industrial precincts.
Property Facts
| Price | $535,650 | Lot Size | 0.71 AC |
| Price Per SF | $115.73 | Rentable Building Area | 4,628 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 5.33% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 1.94/1,000 SF |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 2 |
| Building Class | C |
| Price | $535,650 |
| Price Per SF | $115.73 |
| Sale Type | Investment |
| Cap Rate | 5.33% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.71 AC |
| Rentable Building Area | 4,628 SF |
| No. Stories | 1 |
| Tenancy | Single |
| Parking Ratio | 1.94/1,000 SF |
| No. Drive In / Grade-Level Doors | 2 |
Amenities
- Fenced Lot
- Signage
- Automatic Blinds
- Air Conditioning
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