15 Palmerston Street

An outstanding opportunity exists to secure this expansive approx. 1339m2 allotment offering immense potential for developers, investors, and first-time buyers seeking to build their dream home in a prime location. Situated within walking distance to Ararat Hospital, the city centre, train station, and Alexandra Oval, this property boasts the added advantage of rear lane access, enhancing its development appeal. The generous land size provides ample space for multi-dwelling projects (STCA), making it an ideal candidate for residential development in a growing regional hub. For first-time buyers, the property also presents excellent opportunities to take advantage of government incentives. Eligible buyers may receive the First Home Owner Grant of $10,000 when purchasing or building a new home, while stamp duty exemptions or concessions may also apply. Additional grant may also be available through the low deposit scheme. These incentives make this large, well-located allotment even more appealing for families looking to build their dream home. Large parcels of land in such a central location are becoming increasingly rare, making this a truly unique chance for families, builders, and developers alike. With the combination of size, location, rear lane access, and government incentives, this property represents a remarkable opportunity to secure a prime piece of Ararat real estate. For more information or to arrange an inspection, please contact Aidan Moar on 0458 579 328 today.