Positioned in a prime central location with schools and Ararat's CBD at your doorstep is this three or four bedroom home that would suit owner occupiers and investors alike. The interior of the home is neat and comfortable and has three good size bedrooms at ground level and a large multipurpose room downstairs (underground) that has the flexibility to be used as a fourth bedroom, gym, second living room/rumpus room or office. The spacious lounge room is central to the home and features a built in wood heater and also the convenience of a brand new reverse cycle split system air conditioner. The kitchen has had an update and provides plenty of cupboard and bench space. There is a bath, separate shower and vanity in the bathroom, separate toilet room, with the laundry located at the rear of the home. Outside you can relax on the front porch or utilise one of the many outdoor spaces for entertaining with numerous sheds and outbuildings. There is also the convenience of a second toilet in the backyard. The home is situated to the front of the generous size block of approximately 930m2, ideal for the family or subdivision/development potential (STCA), with rear lane access. Do not miss this opportunity to purchase in a most sought after location.