1-3/24 & 4-5/26 Francis Street

Positioned within walking distance to Traralgon's CBD and railway station, 2426 Francis Street presents a rare opportunity to secure a fully tenanted multi-unit holding on approximately 1,231m² across two titles. Comprising five units in total, the property includes four 2-bedroom units and one 1-bedroom unit, with each offering its own bathroom, laundry facilities and off-street parking/carport space. With a diverse layout and accommodation option across the complex. Currently returning: Unit 1 $190 per week (leased until 14/06/2027) Unit 2 $240 per week (leased until 12/08/2026) Unit 3 $280 per week (leased until 10/05/2027) Unit 4 $280 per week (leased until 15/12/2026) Unit 5 $280 per week (leased until 26/11/2026) Set on a substantial allotment with approximately 34.9m frontage, the property provides an immediate holding income together with future scope to renovate, improve and add value over time (STCA). This is a genuine value-add opportunity ideally suited to experienced investors, renovators or developers seeking a project with long-term upside. Opportunities of this scale are becoming increasingly difficult to secure, particularly within such close proximity to the Traralgon CBD, train station, shops, schools and everyday amenities. Key Features: Approx. 1,231m² allotment across two titles Five fully tenanted rental units Four 2-bedroom units plus one 1-bedroom unit Existing leases in place until 20262027 Approx. 34.9m frontage Individual bathrooms and laundries to each unit Off-street parking/carport space available Generous shared and private yard areas Walking distance to CBD & railway station Value-add renovation opportunity Potential future redevelopment opportunity (STCA) . For further information or to arrange an inspection, contact Racquel Dickson on 0421 333 115 at First National LATROBE.