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 business for sale is a property in Traralgon, Victoria that is currently rented out to tenants.
2. The property has the potential to yield up to 10% in rental income.
3. Victoria has strict regulations for residential renters, making it difficult for property owners.
4. Recent monthly residential sales have shown a large number of investors selling their properties.
5. Victoria, once a leader in property growth, now lags behind South Australia.
6. The state is currently offering a halved transfer duty to encourage property ownership.
7. Traralgon has a strong tourism industry, supporting both domestic and corporate markets.
8. The town is also a corporate centre, with businesses contributing to the local economy.
9. The property is only two hours away from Melbourne, making it a convenient location for investors.
10. The annual rent for the property is $168,301.
11. Interested parties can contact Reg Partington and Annette Adams from Tourism Brokers for more information or to arrange an inspection.
12. The property has a unique ID code of 2191MI.
13. The property is listed under the code 5032.
