1 Ethel Street

Traralgon VIC 3844

747 m²

House

Currently for sale - view listing

Overview

Dual-Income Opportunity in a Prime Location close to CBD

Positioned on one impressive allotment just moments from the heart of Traralgon, this exceptional property presents a rare opportunity to secure two quality residences with outstanding income potential and unmatched flexibility. Whether you're looking to expand your investment portfolio, accommodate extended family, or create multiple income streams, this unique offering delivers on every level. Residence One – Established Investment Beautifully presented and "neat as a pin," the original home offers: • Four generous bedrooms • Two well-appointed bathrooms • Stunning polished timber floorboards throughout • Light-filled living spaces with timeless appeal • Garage and workshop • Walking distance to Traralgon's CBD, cafés, restaurants, shopping, and everyday conveniences Currently leased to excellent long-term tenants who take great pride in the home, this residence provides immediate, reliable rental income from day one. Residence Two – Modern Townhouse with Endless Possibilities Privately positioned on the same title, the second dwelling is a stylish three-bedroom townhouse featuring: • Three spacious bedrooms • Double garage with secure internal access • Dedicated home gym • Expansive outdoor entertaining area complete with BBQ space • Low-maintenance lifestyle ideal for owner-occupiers or tenants Perfectly suited as a premium Airbnb, executive accommodation, or long-term rental, this modern home offers exceptional versatility and the opportunity to maximise your return. Property Highlights • Two separate residences on one title • Outstanding dual-income potential • Prime location within easy walking distance of the CBD • Strong existing rental return with quality long-term tenants • Ideal for investors, multi-generational families or those seeking a home plus additional income • Rare opportunity in one of Traralgon's most sought-after locations Properties offering this level of flexibility, income potential and location are seldom available. Secure a standout investment with multiple options for today and exciting possibilities for the future. For more information contact James Hourigan on 0418 246 671 Keith Williams Real Estate Traralgon ~ 85 Years In Real Estate Note: All information on this listing has been provided to Keith Williams Real Estate Traralgon by third parties. This information should not be relied upon, and property buyers are advised to conduct their own due diligence before making a property purchase.