Traralgon, Victoria
Stop Press! Does Your Tenant Pay Your Outgoings? - 2191MI
REDUCED INVESTMENT $3,600,000
Business Description
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: $168,832 plus GST per annum
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. Tenant likely pays outgoings, reducing owner operating expenses and delivering net rental income stability.
2. Annual contracted rent of $168,832 plus GST provides clear income visibility.
3. Located in Traralgon, described as a corporate centre, indicating demand from corporate clients and business travellers.
4. Supported by a healthy tourism industry, supplying both domestic and corporate markets for occupancy resilience.
5. Only two hours from Melbourne, offering strong regional accessibility for weekend and corporate travellers.
6. Transfer duty is currently halved in Victoria, presenting a tax incentive that can lower transaction costs.
7. Seller market dynamics noted, with recent residential sales skewing to investors divesting, suggesting potential buyer opportunities or motivated sellers in the region.
8. Investment requires significant capital, as indicated by the seller note "You’ll need a few bob."
9. Broker contacts provided, enabling immediate enquiries and inspections through Tourism Brokers Reg Partington and Annette Adams.
10. Forward-looking positive developments referenced within two years may indicate upcoming infrastructure or market catalysts to enhance value.
