Traralgon, Victoria
Stop Press! Does Your Tenant Pay Your Outgoings? - 2191MI
INVESTMENT $4,595,000
Business Description
For that matter are you yielding up to 10% on your rented/leased property?
It’s all too hard in Victoria for ownership of residential renters.
Did you see the recent monthly residential sales with a huge skew to investors giving them up?
And as a job lot, Victoria - the leader in property growth now lags behind even South Australia.
You’ll need a few bob, but even the state wants to help. Right now transfer duty is halved in Victoria.
Underpinning it all, there’s a healthy tourism industry supporting both domestic and corporate markets. Traralgon is indeed a corporate centre. A little bit of it comes your way each time you turn a light on.
And in two years there’s more good stuff coming. Let’s talk.
ONLY TWO HOURS FROM MELBOURNE.
Annual Rent: $168,301 p.a
Contact Reg Partington and Annette Adams from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2191MI (quote when enquiring)
Property Code: 5032
Business Summary
Key Investment Insights
1. The property for sale is located in Traralgon, Victoria, which has a healthy tourism industry and is a corporate center.
2. The state of Victoria is currently offering a halved transfer duty, making it a good time to invest in property.
3. The property has an annual rent of $168,301, providing a potential yield of up to 10%.
4. Traralgon is only two hours from Melbourne, making it easily accessible for potential tenants or investors.
5. The recent monthly residential sales in Victoria have shown a trend towards investors giving up their properties.
6. The state of Victoria is currently lagging behind South Australia in terms of property growth.
7. The property is suitable for both domestic and corporate markets, providing a diverse tenant base.
8. The property is leased/rented, making it a low-maintenance investment opportunity.
9. The property is being sold through Tourism Brokers, and interested parties can contact Reg Partington and Annette Adams for further information or to arrange an inspection.
10. The property is listed as Property ID: 2191MI and Property Code: 5032.
