19 Banksia Street
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About this property
An outstanding opportunity awaits in the heart of the Central Business District with this vacant commercial building block set on a prime 317 sq.m block. Boasting a generous 16.44m frontage to Banksia Street and zoned Commercial 1, this property offers immense potential for a wide range of uses including retail, office, business, entertainment, and community-focused ventures, with the added flexibility to incorporate residential development. All essential services-power, water, and sewer-are readily available, making it a ready canvas for investors, developers, or business owners looking to capitalise on a high-exposure, high-growth location. Rarely does a property with such versatility and CBD positioning come to market-don't miss this exceptional development prospect.
Property Details
- Property Type
- land
- Listing Type
- Off-market
- Land Area
- 317 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Ararat
This land in Ararat, VIC 3377 sits within reach of public transport, local shops and nearby schools. It is listed 76% below the $459,000 median of 59 comparable landswithin 5 km.
Schools near Ararat
- Ararat North Primary Schoolprimary · Prep-6 · CoEd
- Ararat Primary Schoolprimary · Prep-6 · CoEd
- Ararat West Primary Schoolprimary · Prep-6 · CoEd
- Ararat Secondary Collegesecondary · 7-12 · CoEd
- Marian Collegesecondary · 7-12 · CoEd
What's nearby
- Unnamed (bus) — 598 m away
- United — 1.8 km away
- Gordon Street Oval — 1.5 km away
- Unnamed — 4.7 km away
Ararat at a glance
Full suburb profile- Population
- 8,500
- Median age
- 45
- Household income
- $1,216/wk
- Median rent
- $250/wk
- Median mortgage
- $1,083/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Ararat price trend
Median sold · House 3 bed
Compound growth +4.9% / yr over 4 yrs
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
Full Ararat marketSide-by-side analysis
Compare with similar properties
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