68 Grey Street
Traralgon, VIC 3844

Overview

68 Grey Street, Traralgon VIC 3844

Opportunities like this are incredibly rare, especially in such a sought-after location. Situated just a two-minute walk from the heart of the Central Business District, this charming residence offers generous living space, exceptional convenience, and significant potential for both homeowners and investors.

Upon entering, you will find three bedrooms, two of which include built-in robes, providing ample storage. The home features a light-filled, oversized living area that creates a welcoming atmosphere. Adjacent to this is a large dining room that seamlessly connects to a well-appointed kitchen. The kitchen is equipped with gas hotplates, an electric oven, a double sink, and plenty of bench space, making it ideal for everyday living or entertaining guests.

Additional living space is provided by a sunroom, which serves as a versatile area that could be used as a home office, playroom, or a cozy retreat. The semi-ensuite bathroom includes a separate shower, toilet, and vanity, ensuring both comfort and functionality. The laundry area is also well-equipped, featuring an additional shower and a separate toilet, perfect for busy households or accommodating guests.

Year-round comfort is assured with central heating and a split-system heating and cooling unit. The property sits on a generous approximately 697 square meter fully fenced block, offering ample outdoor space for relaxation or recreation. Secure off-street parking is available via a single car garage.

Adding to the appeal of this property are approved plans for the development of two side-by-side units, presenting an outstanding opportunity for those looking to capitalize further on this prime location.

Currently leased at $385 per week, with an estimated rental return between $400 and $420 per week, this property represents a fantastic investment opportunity and a valuable addition to any portfolio. Properties in this coveted area tend to sell quickly, so this is a chance not to be missed.

Location