For Sale

12 Franklin Street, Warracknabeal, Vic 3393

$529,000

Block Of Units

Type

Bedrooms

Bathrooms

Parkings

Published on Monday, June 29, 2026 ( See property details for 12 Franklin Street, Warracknabeal, Vic 3393)

$529,000

View the agent price guide.

Nick McIntyre Licensed Estate Agent

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile block of units in Warracknabeal offering strong rental income, low maintenance, and growth potential.

🏡 Property Highlights

Strong gross rental return of $34,060 per annum
Potential additional income of $250 per week from owner-occupied flat
Consists of 2 x 2-bedroom flats and 3 x 1-bedroom flats
Low-maintenance design with carports for each unit
Easy access front and rear for convenient living
Excellent real growth potential in Warracknabeal

✨ Key Features

Carport
Low-Maintenance Yard
Open-Plan Living
Built-in Robes
Ensuite
Outdoor Area
Security Screens / Gates
NBN / High-Speed Ready
Extra Storage (Shed/Linen)
Pet-Friendly

Suburb and Property Insights of Warracknabeal, VIC 3393

Warracknabeal is a vibrant regional town offering strong community ties, affordable living, and growth prospects. It features essential amenities, good transport links, and a welcoming atmosphere, making it an ideal location for investors and families alike. The area benefits from ongoing development and a stable economy, ensuring long-term value. Local services, schools, and recreational facilities support a convenient lifestyle. Warracknabeal's strategic position provides easy access to regional hubs and employment opportunities.

Frequently Asked Questions

What is the current condition of the flats and are there any recent renovations?

The flats are well-maintained with low-maintenance features, and recent updates have been made to ensure they are in good condition for tenants.

Are there any planning or zoning restrictions that could affect future development?

The property is zoned appropriately for residential use, and any future development would need to comply with local council regulations. It is advisable to consult with Warracknabeal council for specific zoning details.

What are the typical vacancy rates in the area, and how stable is the rental market?

Warracknabeal has a stable rental market with relatively low vacancy rates, making it a reliable investment location for steady income.

Are there any upcoming infrastructure projects or developments planned nearby?

Currently, there are no major infrastructure projects announced in Warracknabeal, but ongoing regional development supports long-term growth prospects.

What are the annual council rates and any additional costs associated with the property?

The annual council rates and other costs are competitive and typical for the region; detailed figures can be obtained from the local council or the selling agent.

What to ask about this property to agent?

Are there any existing easements, covenants, or restrictions on the property that could affect future use or development? Has a recent pest and building inspection been conducted, and are there any known issues? Are there any planned or ongoing construction projects nearby that could impact noise or access? What are the total ongoing costs, including strata or management fees if applicable? Is there any history of flooding or bushfire risk in the area that should be considered? Are there any hidden costs associated with maintenance or repairs not disclosed? Has the property been compliant with all local council regulations and building codes? Are there any zoning or planning restrictions that could limit future modifications or expansions? What is the history of rental income and occupancy rates for the flats? Are there any upcoming changes in local infrastructure or community plans that could influence property value?

12 Franklin Street, Warracknabeal, Vic 3393 - More Details

$529,000

The rental return figures on this group of flats really adds up and makes the buy decision easy. Gross return $34,060 pa, with potential for an extra $250 p/w as 1 2Br flat is currently owner occupied. Offering 2 x 2BR flats and 3 x 1Br Flats, all are low maintenance with carports and easy access front and rear. Real growth potential as well. Don't delay - phone for more details.

Type: Block Of Units
Bedrooms: 7
Bathrooms: 5
Parkings: 5

Price guide

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12 Franklin Street, Warracknabeal, Vic 3393

$529,000

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