Here s a great Multiple Dwelling Rental investment opportunity right in the main street of Trangie. There s never been a better time to own a property such as this. Potential Yield return of over 10%
Renovated building with 2 new units built within.
This multiple dwelling complex includes - 1 office space/bed sitter, 1 retail shop, 1 x shop front/one bedroom flat, 3 x two bedroom flats and 1 x three bedroom separate dwelling at the rear.
The size of Trangie is approximately 1,017.7 square kilometres. It has 3 parks covering nearly 4% of total area. The population of Trangie in 2011 was 1,249 people. By 2016 the population was 1,167 showing a population decline of 6.6% in the area during that time. The predominant age group in Trangie is 60-69 years. Households in Trangie are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Trangie work in a managers occupation. In 2011, 64.3% of the homes in Trangie were owner-occupied compared with 63.8% in 2016.
Trangie has 739 properties. Over the last 5 years, Houses in Trangie have seen a 60.30% increase in median value, while Units have seen a 136.66% increase. As at 31 October 2024:
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