5/131 North RoadWarragul VIC 3820
Property Details for 5/131 North Rd, Warragul
Last Listing description (September 2026)
Secure a high-quality commercial investment with VicRoads as the long-standing tenant, now entering their 26th year of occupancy. The property is leased until June 2028, providing investors with strong tenancy security and future income certainty.
The property currently generates $68,563.23 per annum plus GST, delivering an approximately attractive 8% yield.
Key features include:
Land area: 1,197m
Commercial 2 Zone (C2Z) designation
Established government tenant
Strong regional growth location
Secure long-term investment with future upside potential
Opportunities to acquire quality assets with established government tenants are rarely available on the open market. Don't miss your chance to secure this exceptional investment in a thriving regional centre.
For further information, contact Kim Durrand on 0419 268 882.
Property History for 5/131 North Rd, Warragul, VIC 3820
- 10 Sep 2026Sold for $830,000
- 31 Aug 2026Listed for Sale Premium Government-Leased Investment Opportunity
- 11 Feb 2019Sold for $790,000
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About Warragul 3820
The size of Warragul is approximately 55.0 square kilometres. There are 43 parks, covering nearly 4.4% of the total area. The population of Warragul in 2016 was 15757 people. By 2021 the population was 19856 showing a population growth of 26.0% in the area during that time. The predominant age group in Warragul is 30-39 years. Households in Warragul are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Warragul work in a professional occupation.In 2021, 74.70% of the homes in Warragul were owner-occupied compared with 72.70% in 2016.
Warragul has 13,445 properties. Over the last 5 years, Houses in Warragul have seen a 11.87% increase in median value, while Units have seen a 20.06% increase. As at 31 August 2026:
- The median value for Houses in Warragul is $713,024 while the median value for Units is $444,523.
- Houses have a median rent of $580 while Units have a median rent of $415.
Suburb Insights for Warragul 3820
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