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, indicating reduced landlord operating costs and predictable net income.
2. Annual income stated at $168,832 plus GST, providing a clear revenue baseline.
3. GST charged on the rent, affecting cashflow and tax considerations.
4. Located in Traralgon, described as a regional corporate centre, supporting stable corporate tenancy demand.
5. Supported by a healthy tourism industry, offering diversified demand from domestic and corporate markets.
6. Two hours from Melbourne, offering accessibility to metropolitan visitors and businesses.
7. Victorian transfer duty currently halved, presenting a near-term tax incentive for purchasers.
8. Market context notes recent investor sell-offs and relative property market weakness in Victoria, implying potential buying opportunities or caution.
9. Listing brokered by Tourism Brokers, contact agents Reg Partington and Annette Adams for inspections and enquiries.
10. Seller indicates upcoming positive developments in about two years, suggesting potential future upside or catalyst for value growth.