Existing Rooming House
$1,090,000 - $1,199,000
9 bedrooms
Offering approximately $120,000 per annum in rental income, this near-new registered rooming house presents a compelling investment opportunity in the heart of Morwell. Purpose-built less than a year ago, the property combines strong cash flow with a modern, low-maintenance design on a generous 856m² allotment.
The accommodation comprises nine spacious bedrooms, each with its own private ensuite and kitchenette, creating a high level of privacy and convenience for tenants. Quality fixtures and finishes feature throughout, while individual split-system heating and cooling to every room adds year-round comfort and further strengthens tenant appeal.
Designed specifically for rooming house use, the property provides an established income stream with a configuration aimed at supporting strong occupancy and straightforward management. Additional parking adds to the practicality of the property and its appeal within the local rental market.
Located close to Morwell’s employment, education, shopping and transport facilities, the property is well positioned to benefit from ongoing demand for quality accommodation. For investors seeking a modern, income-producing asset without the time and complexity of undertaking a conversion or new build themselves, this is an opportunity to step straight into an established rooming house investment.
Rooming House Resales
Phone
0409 252 130
expert@roominghouse.expert