4 Coral Road
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About this property
Positioned on a substantial 1,273sqm allotment, this property presents a rare opportunity for renovators, investors, or developers seeking their next project. The existing two-bedroom home requires a complete renovation and restoration, offering a blank canvas for those ready to bring new life to the property. Alternatively, the home could be demolished to make way for a brand-new build or future development (STCA), allowing you to fully capitalise on the generous land size. Land of this size in such a convenient location is becoming increasingly hard to find. Ideally situated close to the hospital, public transport, and local schools, the property combines space with everyday convenience. Whether you choose to restore, redevelop, or landbank for the future, this property offers outstanding potential on a sizable parcel of land. Opportunities like this are increasingly rare-unlock the possibilities and create something new. Buyer Range: 200k to 220k To arrange an inspection or to request further information please contact the Agent: Fi McDonald on 0419 118 282 or fiona_mcdonald@raywhite.com Inspections by appointment.
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 2
- Bathrooms
- 1
- Land Area
- 1273 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Ararat
This 2-bedroom house in Ararat, VIC 3377 sits within reach of public transport, local shops and nearby schools. It is listed 56% below the $450,000 median of 59 comparable houseswithin 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
- Ararat (train) — 452 m away
- United — 1.5 km away
- Gordon Street Oval — 1.5 km away
- Unnamed — 4.3 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 2 bed
Compound growth +1.3% / yr over 4 yrs
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