3-7/29-31 Stoffers St, Warragul is a 2 bedroom, 1 bathroom Unit.
A terrific opportunity and investment prospect is this complex of 5 low maintenance units each on individual titles. Each unit is available for individual sale. All 5 units are currently occupied with great long term tenants achieving a combined weekly income of approx. $1,310. The units have been partly renovated with plenty of potential to value add. Each unit consists of spacious bedrooms with BIRs, open plan design kitchen/living, gas cooking appliances, split system heating/cooling, lockable car accommodation, and outdoor courtyard. One unit has the bonus of a separate room downstairs next to the single lock up garage.
Unit 7/29-31 - 2 Bed, 1 Bath, 1 Car Garage
Unit 6/29-31 - 2 Bed, 1 Bath, 1 Car Garage
Only a short 1.6km to Warragul Town Centre, this is an ideal purchase for the seasoned investor, first home buyer or those looking to downsize.
The size of Warragul is approximately 55 square kilometres. It has 43 parks covering nearly 4.4% of total area. The population of Warragul in 2011 was 14,073 people. By 2016 the population was 15,764 showing a population growth of 12.0% in the area during that time. The predominant age group in Warragul is 50-59 years. Households in Warragul are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Warragul work in a professional occupation. In 2011, 71.9% of the homes in Warragul were owner-occupied compared with 72.7% in 2016.
Warragul has 12,700 properties. Over the last 5 years, Houses in Warragul have seen a 41.59% increase in median value, while Units have seen a 36.35% increase. As at 31 July 2024:
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