93 Rowan Street, Wangaratta, Vic 3677

$1,500,000-$1,550,000

Block Of Units
Type
7
Bedrooms
7
Bathrooms
5
Parkings
1,127 m²
Area

Published on Saturday, June 27, 2026 ( See property details for 93 Rowan Street, Wangaratta, Vic 3677)

$1,500,000-$1,550,000

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

A rare investment opportunity comprising five well-maintained units on one title, offering strong returns and prime location in Wangaratta.

🏡 Property Highlights

  • Five well-maintained units on a single title for streamlined ownership
  • Strong annual rental income of $86,320 with a 5.75% return
  • Prime location within walking distance to the CBD and public transport
  • Diverse tenancy with established renters in place
  • High-yield, low-maintenance investment opportunity
  • Close to hospitals and major employment hubs

✨ Key Features

  • Garage
  • Open-Plan Living
  • Built-in Robes
  • Outdoor Area
  • Ensuite
  • Internal Laundry
  • Security Screens / Gates
  • Fly Screens
  • Waterfront / Views
  • Pet-Friendly

Wangaratta is a vibrant regional centre offering excellent amenities, diverse dining options, and strong employment opportunities. Its walkable CBD provides easy access to shopping, cafes, and public transport, making it highly desirable for tenants. The area boasts a friendly community atmosphere and proximity to natural attractions, ideal for lifestyle-focused residents. With ongoing demand for rental properties, Wangaratta presents a secure and promising investment environment.

What is the current condition of the units and are there any recent renovations?
The units are well-maintained with ongoing upkeep, ensuring they are in excellent condition for tenants and investors alike.
Are there any additional costs or fees associated with the property?
The property is on a single title, so there are no strata or body corporate fees, but standard council rates and maintenance costs apply.
What is the vacancy rate for similar properties in the area?
The area has a high demand for rental properties, resulting in a low vacancy rate and consistent occupancy for this complex.
Are there any planning or zoning restrictions affecting the property?
The property complies with local zoning regulations, and any future development would require council approval.
What are the typical tenants' profiles and lease terms?
Tenants include healthcare professionals and local residents, with lease terms generally ranging from 6 to 12 months, providing stable income.
Are there any existing or upcoming maintenance issues or repairs needed for the units? Is there any history of disputes or complaints from tenants? Are there any easements, covenants, or restrictions on the property? What are the total annual costs including council rates, insurance, and maintenance? Has the property been affected by any flooding, bushfire risks, or environmental hazards? Are there any planned developments or construction projects nearby that could impact the property? Is the property compliant with all safety and building regulations? Are there any existing warranties or guarantees on the property or its fixtures? What is the process for managing the tenants and property upkeep? Are there any additional costs for future upgrades or compliance requirements?

93 Rowan Street, Wangaratta, Vic 3677 - More Details

$1,500,000-$1,550,000

Type
Block Of Units
Bedrooms
7
Bathrooms
7
Parkings
5
Area
1,127 m²

Price guide

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