Positioned within walking distance to Traralgon's CBD and railway station, 24-26 Francis Street presents a rare opportunity to secure a fully tenanted multi-unit holding on approximately 1,231m
Comprising five units in total, the property includes four 2-bedroom units and one 1-bedroom unit, with each offering its own bathroom, laundry facilities and off-street parking/carport space. With a diverse layout and accommodation option across the complex.
Set on a substantial allotment with approximately 34.9m frontage, the property provides an immediate holding income together with future scope to renovate, improve and add value over time (STCA). This is a genuine value-add opportunity ideally suited to experienced investors, renovators or developers seeking a project with long-term upside.
Opportunities of this scale are becoming increasingly difficult to secure, particularly within such close proximity to the Traralgon CBD, train station, shops, schools and everyday amenities.
allotment across two titles - Five fully tenanted rental units - Four 2-bedroom units plus one 1-bedroom unit - Existing leases in place until 2026-2027 - Approx. 34.9m frontage - Individual bathrooms and laundries to each unit - Off-street parking/carport space available - Generous shared and private yard areas - Walking distance to CBD & railway station - Value-add renovation opportunity - Potential future redevelopment opportunity (STCA) .
For further information or to arrange an inspection, contact Racquel Dickson on 0421 333 115 at First National LATROBE.
