• A Historic Landmark Brimming with Unlimited Commercial Potential.
• Tenant-Friendly Lease with Long-Term Stability.
• 2555sqm* site in ACZ (Activity Centre Zone)
Raine & Horne Land Victoria is proud to present a premium investment opportunity in the heart of Traralgon. 19-23 Kay Street, Traralgon. This iconic property offers secured long-term leases which presents significant potential for steady returns and enormous future growth.
Currently operating:
>One of Regional Victoria's biggest indoor entertainment venue, The Deck.
>Traralgon's most iconic bar, Arcadia.
>All You Can Eat Restaurant.
Key Investment Highlights Include:
• Three Separate Long-Term Leases: Diversified income streams for added security.
• Current Annual Income: $384,000* Plus Outgoings Plus Annual Increases, ensuring steady rental growth.
• Long-Term Lease plus 5+5 options, providing long-term security for investors.
• Refurbishments: Significant upgrades done to the property with restaurant refurbishment underway.
• Expansive Corner Landholding: 2,555sqm* within the Activity Centre Zone, prime for future development.
• Strategic Location: Situated in the rapidly growing regional hub of Traralgon, an area with increasing commercial and residential demand.
This historically significant property offers investors a rare opportunity to secure a fully leased asset in a thriving market, with strong long-term potential. Don't miss the chance to acquire this remarkable, "set-and-forget" investment.
19-23 Kay Street, Traralgon is offered for sale via Expressions of Interest closing Friday 14th March 2025 at 4pm (AEST)
Please call today to arrange an inspection.
Pushpinder P Bajwa (VINNY): 0433 836 421
Satyaveer S Jodha (VEER): 0423 620 183
Disclaimer:
Every precaution has been taken to establish the accuracy of the above information; however, it does not constitute any representation by the vendor, agent or agency. Prospective purchasers are requested to take such action as is necessary to satisfy themselves of any relevant matters.
Our photos, floor plans and site plans are for representational purposes only and should be used as such, we accept no liability for the accuracy or details in our photos, floor plans or site plans.
Please note the status of and or the information on the property may change at any time.
Please see the link below for due diligence check-list.
https://www.consumer.vic.gov.au/duediligencechecklist