SoldMay 13, 2025

1-2/11 Elliott Street, Traralgon, VIC, 3844

$440,000

2
2
2
0 m²
675 m²

Unit

30+ days on the market

Sold: May 13, 2025

What's around 1-2/11 Elliott Street

Dual Occupancy Rare Investment Opportunity

This prime investment is an opportunity for those looking to expand their real estate portfolio. The property consists of a well-maintained & facelifted duplex featuring two 1-bedroom, 1-bathroom units. Offering potential for consistent cash-flow with two separately contained units, the property has an expected high yield (approx. 7.64%) as both units have an estimated return of $330 per week per unit. The duplex has been well-maintained, with recent updates including modernized interiors and appliances. With a low maintenance design, you can focus on maximizing returns instead of managing constant repairs. Features include: Unit 1 - Sizeable master bedroom complete a built in robe and an accessible ensuite. - Central kitchen which has been recently renovated. - Adjoining dining room and living room contributing to the open plan living feeling. - Split system air conditioning, wood heater & ceiling fans for year round comfort. Unit 2 - Sizeable master bedroom complete a built in robe and an ensuite. - Central Kitchen which has been recently refreshed with adjoining dining room. - Spacious living room. - Split system air conditioning & wood heater for year round comfort. - 2 x single car carports. - 2 x 3.0m x 3.0m rear garden shed. - 685m2 (approx.) allotment. - Estimated rental returns of $330.00 per week per unit ($660.00 per week combined). - Located in a central location within close walking proximity to Traralgon's CBD, local sporting facilities, local Cafe's and more.

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