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Back 1 Franklin Street
Off Market

1 Franklin Street

Morwell VIC 3840

9
6
2
791 m²
House
Last sold for $760,000
Luke WoodhamLuke Woodham, last sold this property on 27 May 2026 after 281 days on market.

Overview

The Brief: Registered 9-Bedroom Rooming House – Gross Annual Income: approx. $102,960

Its Addressed: Here’s a rare opportunity to secure a high-performing, fully registered Rooming House in the heart of Morwell. Offering 9 bedrooms and 6 bathrooms, this property is already set up with reliable, steady income—ideal for passive investors seeking strong returns. Key Features: • 9 Bedroom – 5 with ensuite • 6 bathrooms all up catering to tenant convenience • Compliant and fully registered as a Rooming House • Gross Annual Income: approx. $102,960 Whether you’re looking to expand your investment portfolio or secure a set-and-forget cashflow asset, 1 Franklin Street delivers. Properties of this calibre, size and return profile are extremely hard to find in regional Victoria. Location Perks: Positioned close to town centre amenities, shops, transport and education precincts—Morwell continues to show solid rental demand, especially for affordable long-term accommodation options. Don’t miss this opportunity to own a rare, high-yielding asset that ticks all the boxes. For further details or to arrange a private inspection, contact Luke Woodham Area Specialist Real Estate

Features

9 bedrooms
6 bathrooms
2 carspaces
2 carport spaces
791 m² lot size
House

Estimated Value

We need at least 3 similar 9 bedroom houses sold in Morwell over the last 12 months.

Property history for 1 Franklin Street

2026
Sold
$760,000
27 May 2026 by Luke Woodham, of Area Specialist - VIC
2021
Sold
$520,000
13 Dec 2021 by Jim Demetrios, of Stockdale & Leggo Morwell

Happy sellers in Morwell

88%
88% of sellers in Morwell reported that their sale price either exceeded or met their price expectations.

Morwell stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 109 reviews in Morwell over the last 12 months.

Local market activity for 9 bedroom houses in Morwell

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Morwell

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Jesse Watson

Jesse Watson is an award winning recommended agent for Morwell.  They have 30 local sales and collected 23 local reviews across the last 12 months.

  •   5   (61 reviews)
  •  23 Reviews in Morwell
  •  30 Sales in Morwell
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Rachel Buglisi

Sellers who recommend Rachel Buglisi have praised them for being clear communication, local expert, responsive, friendly, supportive, reliable and pleasant

  •   4.9   (446 reviews)
  •  23 Reviews in Morwell
  •  21 Sales in Morwell
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Nathan Klep

Nathan Klep is an award winning recommended agent for Morwell.  They have 33 local sales and collected 17 local reviews across the last 12 months.

  •   4.9   (342 reviews)
  •  17 Reviews in Morwell
  •  33 Sales in Morwell
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Jim Demetrios

Jim Demetrios is a recommended agent for Morwell.  They have 67 local sales and collected 12 local reviews across the last 12 months.

  •   5   (305 reviews)
  •  12 Reviews in Morwell
  •  67 Sales in Morwell
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