For Sale

93 Rowan Street, Wangaratta, Vic 3677-Image

93 Rowan Street, Wangaratta, Vic 3677

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

Block Of Units

Type

Bedrooms

Bathrooms

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

View the agent price guide.

Peter Joyce - Real Estate Agent - OBrien Real Estate Joyce - Wangaratta

Peter Joyce Director

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Emily Robl - Real Estate Agent - OBrien Real Estate Joyce - Wangaratta

Emily Robl Sales Associate

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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 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

Suburb and Property Insights of Wangaratta, VIC 3677

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.

Frequently Asked Questions

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.

What to ask about this property to agent?

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

Rarely does an investment opportunity of this calibre become available. Comprising five well-maintained units on one title, this outstanding property offers investors the perfect combination of immediate cash flow and long-term security.

Offering a strong annual rental income of $86,320 and an impressive 5.75% return, this well-performing asset is ideal for investors seeking secure, consistent returns. With ongoing demand for quality accommodation in this highly desirable location, this property presents an outstanding opportunity to strengthen any investment portfolio.

Ideally positioned within walking distance to the CBD, this provides easy access to shopping, cafés, restaurants, schools, and public transport. The property is also located close to the hospital, a major local employer, ensuring ongoing appeal to healthcare professionals and a wide range of renters seeking convenience and lifestyle.

The complex consists of:
- Three one-bedroom units
- Two spacious two-bedroom units

Investment Highlights
- Five units on one title
- Each unit with it's own carport
- Combined rental return of $86,320 per annum
- Established renters already in place
- Well-maintained complex with strong presentation
- Diverse income stream from multiple dwellings, reducing vacancy risk
- Outstanding opportunity for investors seeking a high-yield, low-maintenance asset

Whether you're looking to expand your portfolio, diversify your investments, or secure a quality income-producing property in a tightly held location, this is an opportunity not to be missed. Multi-unit properties on a single title offering strong returns and proven tenancy are increasingly difficult to find, making this a smart investment for both today and the future.

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

Price guide

View Statement Of Information

in compliance with Estate Agents Act 1980

Interactive Property Floorplan - 93 Rowan Street, Wangaratta, Vic 3677

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93 Rowan Street, Wangaratta, Vic 3677

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