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50 Grey Street,
Traralgon

Property photo 1 — 50 Grey Street Traralgon

Sold1 of 5

CBD Fringe, Development Opportunity With Passing Income

Land/Development

2 CAR|169m2 FLOOR|808m2 LAND

Sold - $700,000

High profile street location on busy main road
Directly opposite the new Gippsland Performing Arts Centre ($42.1m development)
808m2* of Activity Centre Zone (ACZ) land
Office/showroom in very good condition, approximately 183m2*
Open plan reception/work area, 5 separate offices, staff amenities with ducted heating & cooling
Onsite car spaces
Current rent $25,750 p/a + GST + outgoings, 3% annual increases
Vacant possession available
Rare opportunity to purchase a sound property that provides rental income, whilst future development opportunities are considered (S.T.C.A.)

*(approx.)

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