CBRE are pleased to offer to market 181 Franklin Street, Traralgon VIC, for sale via our Investment Portfolio Auction 186.

This opportunity has the following key investment highlights:

+ High yielding government freehold leased investment opportunity in the heart of the Traralgon CBD.
+ Critical ‘essential service’ tenancy mix secured by CFA (Gippsland HQ), Wellways, Workways and the State of Victoria.
+ 2.60 year WALE (by income) with evenly distributed income streams.
+ Anchored by the CFA’s regional office (renewed term in 2026), which functions as the operational command base for all CFA-related activity across the wider region — reinforcing the property’s status as critical regional infrastructure.
+ Fixed 3% annual rent increases, ensuring continued income growth.
+ Investor preferred net lease terms with tenants responsible for usual outgoings including rates and insurance premiums.
+ Modern & well-presented 1,131sqm* multi-level administrative hub incorporating government, mental health/well-being & employment services.
+ Constructed in 2008, the building holds a 2.5 Star NABERS energy rating.
+ High profile 496sqm* CBD freehold landholding with important 15.2m* of street frontage and exposure to Franklin Street.
+ Prime position in Traralgon’s premier professional services and office precinct.
+ Directly opposite Traralgon Centre Plaza, the municipalities main shopping centre anchored by Coles, Kmart & supported by 50 specialty retailers.
+ Traralgon: retail & commercial capital of the Latrobe Valley servicing a trade catchment of 126,800+ people. (1)
+ Latrobe City: major service hub of the Gippsland region and one of Victoria’s major regional centres, with an annual economic output of $17.3 billion. (2)
+ Potential 50% stamp duty saving.
+ Estimated Net Income: $273,784 pa + GST (as at Nov 2026).

To be sold by Investment Portfolio Auction
10:30am AEST Wednesday 5 August 2026
Promenade, Crown Casino, Melbourne

Please contact the exclusively appointed sales team for more information.

*Approx
(1) GapMaps
(2) .id