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Sold on 16 Aug 2024 - Price Unavailable

39 Grey Street
Traralgon VIC 3844

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 471m2
Sold By
Wilson Property
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Property Details for 39 Grey St, Traralgon

Building Type
Commercial
Land Size
471m2
Local Government
Latrobe
Lot/Plan
1/TP233839

Last Listing description (September 2024)

Secure 10 year lease commenced May 2020 plus options through to 2040
> Current compounding rent $169,861 p.a. with fixed 3.5% annual increases, assures long term rental growth
> Tenant pays all usual outgoings as per the lease (excluding land tax)

> High demand essential services medical investment trading as The Foot & Ankle Clinic. The Foot & Ankle Clinic is owned by Healthia Group, Australia's Largest Allied Health Group
> Modern 342m2* building with up-to-date medical fit-out
> 471m2* dual frontage with 14.29m* frontage to Grey Street and onsite carparks
> Prized location situated on high profile main road and situated amongst other major services including schools, medical and professional services
> Zoned Activity Centre (ACZ) - Latrobe City Planning Scheme
> Potential 50% stamp duty concession available from April 2024

Tenant: Healthia has over 300+ clinics across Australia and New Zealand, with providers across a range of different allied health disciplines including physiotherapy, podiatry, optical & audiology

*(approx)

Property History for 39 Grey St, Traralgon, VIC 3844

A timeline of how this property has performed in the market
Last Sold
16 Aug 2024
Listed for Rent
$209/w
22 Mar 2007
  • 16 Aug 2024
    Sold
  • 01 May 2024
    Listed for Sale Contact Agent
  • 27 Jan 2022
    Listed for Sale $3,050,000
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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 15,233 properties. Over the last 5 years, Houses in Traralgon have seen a 62.37% increase in median value, while Units have seen a 54.09% increase. As at 31 October 2024:

  • The median value for Houses in Traralgon is $519,609 while the median value for Units is $317,053.
  • Houses have a median rent of $450 while Units have a median rent of $360.
There are currently 89 properties listed for sale, and 1 property listed for rent in Traralgon on OnTheHouse. According to CoreLogic's data, 655 properties were sold in the past 12 months in Traralgon.

Suburb Insights for Traralgon 3844

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.