{"Slug":"block-of-units-1-3-24-4-5-26-francis-street-traralgon-vic-3844","CanonicalUrl":"https://realsearch.com.au/block-of-units-1-3-24-4-5-26-francis-street-traralgon-vic-3844","Address":"1-3/24 & 4-5/26 Francis Street, Traralgon, Vic 3844","Suburb":"Traralgon","State":"VIC","Postcode":"3844","PropertyType":"Block Of Units","Status":"Sold","Headline":null,"Description":"Positioned within walking distance to Traralgon's CBD and railway station, 24–26 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 – $280 per week (leased until 26/11/2026) Set on a substantial allotment with approximately 34.9m frontage, the property provides an immediate holding income together with future scope to renovate, improve and add value over time (STCA). This is a genuine value-add opportunity ideally suited to experienced investors, renovators or developers seeking a project with long-term upside. Opportunities of this scale are becoming increasingly difficult to secure, particularly within such close proximity to the Traralgon CBD, train station, shops, schools and everyday amenities. Key Features: • Approx. 1,231m² allotment across two titles • Five fully tenanted rental units • Four 2-bedroom units plus one 1-bedroom unit • Existing leases in place until 2026–2027 • Approx. 34.9m frontage • Individual bathrooms and laundries to each unit • Off-street parking/carport space available • Generous shared and private yard areas • Walking distance to CBD & railway station • Value-add renovation opportunity • Potential future redevelopment opportunity (STCA) .For further information or to arrange an inspection, contact Racquel Dickson on 0421 333 115 at First National LATROBE.","YearBuilt":null,"LandArea":null,"Price":{"Currency":"AUD","Amount":null,"Display":"$ 998,000"},"Bedrooms":"9","Bathrooms":"5","Parking":"5","Features":[{"Name":"Bedrooms","Value":"9"},{"Name":"Bathrooms","Value":"5"},{"Name":"Carports","Value":"5"},{"Name":"Area","Value":"1,231 m²"}],"Inspections":[],"Auctions":[],"TimeZone":"AUS Eastern Standard Time","Latitude":-38.2033881,"Longitude":146.5303192,"Agent":{"Name":"Racquel Dickson","CanonicalUrl":"https://realsearch.com.au/agent/racquel-dickson"},"Agency":{"Name":"First National Real Estate Latrobe","CanonicalUrl":"https://realsearch.com.au/agency/first-national-real-estate-latrobe"},"CreatedAt":"2026-05-20T09:25:27.9234325","UpdatedAt":"2026-10-06T09:08:28.34"}