21 Morrell Street, Wangaratta, Vic 3677

$385,000

House
Type
3
Bedrooms
1
Bathrooms
652.18 mΒ²
Area

Published on Friday, August 07, 2026 ( See property details for 21 Morrell Street, Wangaratta, Vic 3677)

$385,000

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

A well-maintained brick home on a spacious, fully fenced block, offering excellent rental income and outdoor entertaining space in a prime Wangaratta location.

🏑 Property Highlights

  • Immediate rental income with a tenant returning $410 per week
  • Solid red brick construction offering durability and low maintenance
  • Generous 652.18 m² fully fenced allotment for privacy and security
  • Spacious outdoor entertaining deck overlooking large backyard
  • Convenient location close to supermarkets, schools, and amenities
  • Updated kitchen with gas cooktop and electric oven for modern living

✨ Key Features

  • Built-in Robes
  • Ceiling Fans
  • Open-Plan Living
  • Outdoor Area
  • Secure Parking
  • Fully fenced
  • Water tank
  • Split System Heating and Cooling
  • Outdoor Area / Balcony
  • Pet-Friendly
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21 Morrell Street
Wangaratta, VIC 3677
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Vertical aerial view β€” 21 Morrell Street
21 Morrell Street — Vertical Aerial  •  Wangaratta, VIC 3677  •  Nearmap © 2026

Wangaratta is a vibrant regional centre offering excellent amenities, quality schools, and convenient access to shopping and recreational facilities. The area boasts a strong rental demand, making it ideal for investors. Its friendly community atmosphere and scenic surroundings provide a desirable lifestyle. With easy transport links and a range of local services, Wangaratta is perfect for families and professionals seeking a balanced regional lifestyle.

What is the condition of the property and are there any recent renovations?
The property is well-maintained with recent updates including the kitchen and bathroom, ensuring modern comfort and minimal immediate maintenance.
What are the current lease terms and rental conditions?
The property is leased to an excellent tenant returning $410 per week, with lease details available upon request.
Are there any planning or zoning restrictions affecting the property?
The property is situated on a standard residential allotment with no known zoning restrictions impacting its use or development.
What are the ongoing costs associated with the property?
Ongoing costs include council rates, water charges, and maintenance, with no known strata fees as it is a standalone house.
Is the property suitable for pets and outdoor activities?
Yes, the large fully fenced backyard and outdoor entertaining area make it pet-friendly and ideal for outdoor living.
Are there any hidden costs or upcoming maintenance issues not disclosed? Has the property been inspected for pests, mold, or structural issues? Are there any planning or development proposals nearby that could affect the property? Is the property compliant with all local building codes and regulations? Are there any easements, covenants, or restrictions on the land? What are the flood or bushfire risks associated with the location? Are there any upcoming changes to council rates or taxes? Is the property part of a body corporate or strata scheme, and what are the fees? Are there any planned infrastructure projects or construction in the vicinity? What are the long-term prospects for capital growth in this area?

21 Morrell Street, Wangaratta, Vic 3677 - More Details

$385,000

Positioned on a generous 635mΒ² (approx.) fully fenced allotment in a convenient Wangaratta location, this solid red brick home presents an outstanding opportunity for investors, self-managed super funds (SMSFs) and buyers looking to secure a quality property with immediate income.

Currently leased to an excellent tenant returning $410 per week, the property offers an attractive approximately 5.5% gross rental yield, making it a compelling addition to any investment portfolio.

Inside, the home offers three well-proportioned bedrooms, each complete with ceiling fans for year-round comfort. A light-filled living area is serviced by a split system heating and cooling unit, while the updated kitchen provides excellent functionality with a gas cooktop, electric oven and ample storage. The updated bathroom further enhances the home's appeal, ensuring there's little to do for the next owner.

Stepping outside, you'll find a spacious undercover timber entertaining deck overlooking the large, secure backyard, providing plenty of room for children and pets while offering excellent outdoor living space.

Conveniently located within easy reach of supermarkets, local shopping, schools and everyday amenities, this is a low-maintenance investment in a high-demand rental location.

Whether you're expanding your investment portfolio, purchasing through a self-managed super fund, or looking for a quality home with immediate rental income, 21 Morrell Street represents exceptional value in today's market.

For further information or to arrange a private inspection, please contact:
Connor Tait - Tait Real Estate
M: 0493 674 245
E: [email protected]
W: www.taitrealestate.com.au
Type
House
Bedrooms
3
Bathrooms
1
Area
652.18 mΒ²

Price guide

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