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Overview
This impressive property located in close proximity to Traralgon’s CBD offers a unique dual-income opportunity, featuring two distinct residences on one large 747 sqm allotment. It is an ideal investment for those wanting to diversify their portfolio, or for multi-generational families seeking versatility and separate living spaces.
The original residence attracts with its classic charm and thoughtful design, comprising four spacious bedrooms and two modern bathrooms. Its polished timber floorboards and bright living areas create a warm and inviting atmosphere, complemented by a practical garage and workshop space. The home's central location ensures easy access to local cafes, shops, and amenities, enhancing the lifestyle benefits.
Complementing this is a contemporary three-bedroom townhouse, discreetly positioned on the same title. This residence boasts a double garage with secure internal access and a dedicated home gym, expanding opportunities for fitness or flexible use. An expansive outdoor entertaining area with a BBQ setup offers an ideal space for gatherings, while the low-maintenance design suits both owner-occupiers and tenants. This property’s versatility also makes it well-suited for premium Airbnb rentals or executive accommodation, enhancing the income potential.
Overall, this rare offering delivers significant financial benefits and lifestyle flexibility. Its strong existing rental returns from long-term tenants underscore its value as a reliable investment. The dual residences, combined with a prime location and extensive features, make it a sought-after option for discerning investors or families looking for additional income streams.
- Two quality residences on a single title providing dual-income potential
- Original home with polished timber floors and established tenant income
- Modern townhouse includes gym, double garage and outdoor entertaining
- Close to Traralgon’s central amenities supports convenience and lifestyle
- Suited to investors, extended families, or owner-occupiers seeking extra income
This property represents a standout opportunity rarely found in Traralgon’s market, offering a strategic combination of income, flexibility, and location.
Local Market Insights
In Traralgon, Quiet Listings observed 63 new houses entering the market over the last 30 days, up from 11 during the previous 30-day period, with an average advertised asking price of $793,937. The property type mix of listed properties is predominantly Houses at 87%, followed by land (8%), and units (3%). Keith Williams Real Estate was the most active agency monitored, representing 44.4% of all new listings monitored during the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Traralgon VIC 3844
Market Insights for Traralgon VIC 3844
Other properties in this postcode
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
