25 Church StreetTraralgon VIC 3844
Property Details for 25 Church St, Traralgon
Last Listing description (October 2023)
Well maintained Activity 1 Zoned Freehold with a long standing tenant.
Approx 12m frontage to Church Street in the heart of Traralgon's vibrant CBD. Spacious showroom with suspended ceiling of approx 240m2 and total building area of approx 570m2.
The workshop features 2 lane access with full vehicle access.
The 5 year lease commenced in 2020 and expires in April 2025 with no further terms. Current rent $76,902.09 per annum + GST and tenant pays outgoings.
Great position, great investment!
Call Chris Williams 0412 517 292 or Grant Williams 0412 513 470 at Keith Williams Real Estate Traralgon.
Property History for 25 Church St, Traralgon, VIC 3844
- 05 Oct 2023Sold for $1,523,000
- 25 Aug 2023Listed for Sale CONTACT AGENT
- 14 Nov 2019Listed for Sale $850,000 + GST
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About 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 2011 was 23,834 people. By 2016 the population was 24,924 showing a population growth of 4.6% in the area during that time. The predominant age group in Traralgon is 20-29 years. Households in Traralgon are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Traralgon work in a professional occupation. In 2011, 69.5% of the homes in Traralgon were owner-occupied compared with 68.8% in 2016.
Traralgon has 15,183 properties. Over the last 5 years, Houses in Traralgon have seen a 62.97% increase in median value, while Units have seen a 55.07% increase. As at 30 September 2024:
- The median value for Houses in Traralgon is $518,149 while the median value for Units is $320,225.
- Houses have a median rent of $450 while Units have a median rent of $360.
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