313 Princes HighwayTraralgon East VIC 3844
Property Details for 313 Princes Hwy, Traralgon East
Last Listing description (November 2023)
A golden opportunity to purchase this well built property complete with a well established tenancy. Located at 313 Princes Hwy Traralgon, this 406m2 (approx.) concrete tilt constructed property has prime highway exposure and a well established tenancy in place. Indented parking to the front of the building and access to the rear via common area with some staff parking available.
Due to the nature of the tenancy, photo opportunities are limited. Please don't hesitate to contact us for an inspection.
Currently tenanted at $54,570 per annum plus GST and outgoings, this property is currently yielding a 6% return. With a lease in place until 31st July 2024 plus a 3 year option available and an opportunity to purchase as a Going Concern, this investment is one to add to your portfolio.
Priced at $900,000 (Going Concern or plus GST if applicable)
For more information contact Grant Williams 0412 513 470, Chris Williams 0412 517 292 or Keith Williams Real Estate Traralgon on 5174 7777.
Property History for 313 Princes Hwy, Traralgon East, VIC 3844
- 04 Jul 2023Sold for $870,000
- 30 May 2023Listed for Sale CONTACT AGENT
- 07 May 2012Sold for $650,000
Recent sales nearby
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About Traralgon East 3844
The size of Traralgon East is approximately 34.9 square kilometres. It has 3 parks covering nearly 1.0% of total area. The population of Traralgon East in 2016 was 1726 people. By 2021 the population was 1780 showing a population growth of 3.1% in the area during that time. The predominant age group in Traralgon East is 50-59 years. Households in Traralgon East are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Traralgon East work in a professional occupation.In 2021, 92.30% of the homes in Traralgon East were owner-occupied compared with 91.50% in 2016.
Traralgon East has 1,080 properties. Over the last 5 years, Houses in Traralgon East have seen a 46.78% increase in median value. As at 31 March 2026:
- The median value for Houses in Traralgon East is $798,527 while the median value for Units is $481,681.
- Houses have a median rent of $483.
Suburb Insights for Traralgon East 3844
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