SOLD
Sold on 05 Aug 2024 for $1,325,000

38-52 Eastern Road
Traralgon East VIC 3844

Bedrooms: -
Bathrooms: 2
Car spaces: 4
Land area: 39014m2
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Property Details for 38-52 Eastern Rd, Traralgon East

Building Type
Commercial
Land Size
39014m2
Local Government
Latrobe
Lot/Plan
9/LP135070

Last Listing description (September 2024)

Key features:

- Total Land Area - 39,014m2

- Seven Lots from 5116m2 - 6445m2

- Industrial 1 Zone (IN1Z)

- 2 minutes to Traralgon CBD

- Approx. 160km to Melbourne CBD

- Close to Bunnings, Spotlight, McDonalds, KFC & the Princes Highway

Nestled in the heart of Traralgon's thriving industrial precinct, 38-52 Eastern Road offers a rare chance to capitalise on a strategically located and expansive parcel of industrial real estate.

The site benefits from dual access points on Eastern Road and Rocla Road, enhancing its accessibility and utility and is ideal for heavy haulage and semi-trailer access.

The amalgamation of several titled allotments presents a unique canvas for a diverse range of industrial developments, subject to council approval (STCA), or titles available individually upon consideration. With the flexibility to acquire either as a whole or separately, this presents an unparalleled opportunity.

Lot 9: 38-40 Eastern Road - 5520m2 - Workshop & large timber drying shed

Lot 10: 42-44 Eastern Road - 5665m2 - Admin offices and large timber sales shed

Lot 11: 46-48 Eastern Road - 5467m2 - Vacant Land

Lot 12: 50-52 Eastern Road - 5250m2 - Vacant Land

Lot 28: 45-47- Rocla Road - 5116m2 - Vacant Land

Lot 30: 37-39 Rocla Road - 5551m2 - Vacant Land

Lot 31: 41-43 Rocla Road - 6445m2 - Vacant Land

This exceptional development opportunity. For further details or to schedule a private inspection, contact Simon Burns today on 0421 333 114.

Property History for 38-52 Eastern Rd, Traralgon East, VIC 3844

A timeline of how this property has performed in the market
Last Sold
$1,325,000
05 Aug 2024
  • 05 Aug 2024
    Sold for $1,325,000
  • 28 Mar 2024
    Listed for Sale Contact Agent
  • 08 Oct 2023
    Sold for $1,149,770
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About Traralgon East 3844

The size of Traralgon East is approximately 34.9 square kilometres. It has 3 parks covering nearly 1% of total area. The population of Traralgon East in 2011 was 1,864 people. By 2016 the population was 1,738 showing a population decline of 6.8% in the area during that time. The predominant age group in Traralgon East is 40-49 years. Households in Traralgon East are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Traralgon East work in a professional occupation. In 2011, 89.6% of the homes in Traralgon East were owner-occupied compared with 91.5% in 2016.

Traralgon East has 1,056 properties. Over the last 5 years, Houses in Traralgon East have seen a 40.46% increase in median value. As at 31 October 2024:

  • The median value for Houses in Traralgon East is $670,070 while the median value for Units is $447,266.
  • Houses have a median rent of $483.
There are currently 3 properties listed for sale, and no properties listed for rent in Traralgon east on OnTheHouse. According to CoreLogic's data, 19 properties were sold in the past 12 months in Traralgon east.

Suburb Insights for Traralgon East 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.