FOR SALE
Price Range $210,000 - $231,000

5 Mcgibbony Street E
Ararat VIC 3377

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 234m2
Land area: 946m2
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Industrial Warehouse

Located on McGibbony Street East, a highly sought-after area, this 234sqm industrial warehouse offers excellent logistical convenience and accessibility. Constructed on a sturdy concrete slab, the property features two large manual sliding doors for seamless entry and exit.
The warehouse is accompanied by a separate amenities building, which includes a tea room, toilet, and office space, ensuring comfort and functionality for your team.
This versatile property boasts ample surrounding land, providing plenty of parking space or opportunities for future expansion and development. Whether for immediate use or long-term investment, this warehouse is designed to meet diverse business needs.

Property Details for 5 Mcgibbony St E, Ararat

Building Type
Commercial
Floor Size
234m2
Land Size
946m2

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About Ararat 3377

The size of Ararat is approximately 161.2 square kilometres. It has 25 parks covering nearly 14.9% of total area. The population of Ararat in 2011 was 8,076 people. By 2016 the population was 8,298 showing a population growth of 2.7% in the area during that time. The predominant age group in Ararat is 50-59 years. Households in Ararat are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ararat work in a labourer occupation. In 2011, 70.9% of the homes in Ararat were owner-occupied compared with 68.1% in 2016.

Ararat has 4,716 properties. Over the last 5 years, Houses in Ararat have seen a 73.38% increase in median value, while Units have seen a 65.45% increase. As at 31 October 2024:

  • The median value for Houses in Ararat is $341,066 while the median value for Units is $319,415.
  • Houses have a median rent of $380 while Units have a median rent of $340.
There are currently 47 properties listed for sale, and 12 properties listed for rent in Ararat on OnTheHouse. According to CoreLogic's data, 185 properties were sold in the past 12 months in Ararat.

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