19-23 Kay StreetTraralgon VIC 3844
Property Details for 19-23 Kay St, Traralgon
Last Listing description (April 2026)
• A Historic Landmark Brimming with Unlimited Commercial Potential.
• Tenant-Friendly Lease with Long-Term Stability.
• 2555sqm* site in ACZ (Activity Centre Zone).
Raine & Horne Land Victoria is proud to present a premium investment opportunity in the heart of Traralgon. 19-23 Kay Street, Traralgon. This iconic property offers secured long-term leases which presents significant potential for steady returns and enormous future growth.
Currently operating:
>One of Regional Victoria's biggest indoor entertainment venue-The Deck.
>Traralgon's most iconic bar, Arcadia.
>All You Can Eat Restaurant(Currently under major renovations).
Key Investment Highlights Include:
• Three Separate Long-Term Leases: Diversified income streams for added security.
• Current Annual Income: $350,000* Plus Outgoings Plus Annual Increases, ensuring steady rental growth.
• Long-Term Lease plus 5+5 options, providing long-term security for investors.
• Refurbishments: Significant upgrades done to the property with restaurant refurbishment underway.
• Expansive Corner Landholding: 2,555sqm* within the Activity Centre Zone, prime for future development.
• Strategic Location: Situated in the rapidly growing regional hub of Traralgon, an area with increasing commercial and residential demand.
This historically significant property offers investors a rare opportunity to secure a fully leased asset in a thriving market, with strong long-term potential. Don't miss the chance to acquire this remarkable, "set-and-forget" investment.
Please call today to arrange an inspection.
Pushpinder P Bajwa (VINNY): 0433 836 421
Satyaveer S Jodha (VEER): 0423 620 183
Disclaimer:
Every precaution has been taken to establish the accuracy of the above information; however, it does not constitute any representation by the vendor, agent or agency. Prospective purchasers are requested to take such action as is necessary to satisfy themselves of any relevant matters.
Our photos, floor plans and site plans are for representational purposes only and should be used as such, we accept no liability for the accuracy or details in our photos, floor plans or site plans.
Please note the status of and or the information on the property may change at any time.
Please see the link below for due diligence check-list.
https://www.consumer.vic.gov.au/duediligencechecklist
Property History for 19-23 Kay St, Traralgon, VIC 3844
- 05 Feb 2025Listed for Sale Contact Agent
- 29 Oct 2012Sold for $3,900,000
- 08 Sep 1998Sold for $18,000
Recent sales nearby
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0About Traralgon 3844
The size of Traralgon is approximately 56.3 square kilometres. It has 78 parks covering nearly 4.3% of total area. The population of Traralgon in 2016 was 24933 people. By 2021 the population was 26907 showing a population growth of 7.9% in the area during that time. The predominant age group in Traralgon is 30-39 years. Households in Traralgon are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Traralgon work in a professional occupation.In 2021, 71.00% of the homes in Traralgon were owner-occupied compared with 68.80% in 2016.
Traralgon has 15,636 properties. Over the last 5 years, Houses in Traralgon have seen a 61.51% increase in median value, while Units have seen a 49.85% increase. As at 30 April 2026:
- The median value for Houses in Traralgon is $653,555 while the median value for Units is $403,626.
- Houses have a median rent of $500 while Units have a median rent of $370.
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