Positioned in a convenient and well-established pocket of Warragul, 3 North Road presents an opportunity to secure a fully licensed and operating Class 1B rooming house with immediate income in a market supported by consistent demand for affordable accommodation.

The property comprises nine lettable bedrooms, two bathrooms, three toilets, a shared kitchen and living area, plus a double garage and additional off-street parking. Set on approximately 593m², the layout provides practical, functional accommodation designed to support strong occupancy and efficient day-to-day operation.

Currently returning $270 per room per week, the property has the potential to generate approximately $126,360 in gross annual income at full occupancy. As an established Class 1B rooming house operating within the required regulatory framework, investors can step into an existing income-producing asset without the time and complexity involved in creating a rooming house from scratch.

Close to Warragul’s town centre, public transport, shopping, services and major local employers, the property is well positioned to benefit from ongoing tenant demand. With compliant rooming house stock in limited supply, 3 North Road combines immediate cash flow, an established accommodation model and long-term holding appeal.