66 Church Street,
Traralgon

66 Church Street, Traralgon presents an outstanding opportunity to acquire a fully leased, multi-tenanted commercial investment positioned in the heart of Traralgon's CBD.

Underpinned by a diverse mix of five established tenants across professional services, recruitment, and allied health, the property delivers a passing net income of $162,137 per annum (ex GST) with strong lease covenants and consistent rental growth.

The asset benefits from a well-balanced lease profile, with renewals due between 2027 and 2029, providing both income security and future upside.

Key Investment Highlights:

• Passing Net Income: $162,137 p.a. (ex GST)
• Fully leased to five (5) established tenants
• Annual rental increases ranging from 2.5% – 5% and CPI
• Further rental upside via market reviews on options
• Diverse tenant mix including technology, recruitment, bookkeeping & allied health
• 873m²* build area with on-site car parking allocated to each tenancy
• Prime CBD location with excellent exposure and accessibility
• Potential 50% Stamp Duty Concession

Investment Overview:
The property is anchored by quality tenants including Viatek Technology and DFP Recruitment, complemented by a range of established local businesses including Elite Bookkeeping, Southside Tax, and Wisewould Counselling.

Leases are structured to provide investors with security and growth, featuring fixed annual increases (up to 5%) and market reviews upon option exercise.

With recent lease commencements in 2024, 2025 and 2026, the asset presents a modern income profile with limited short-term leasing risk and strong forward visibility.

The Opportunity:
Secure a high-performing commercial asset within one of Gippsland's key regional centres. With stable income, built-in rental growth, and a diversified tenant profile, 66 Church Street represents a set-and-forget investment with long-term upside.

*(approx.)