93 Rowan Street

Wangaratta VIC 3677

1127 m²

Block of units

Currently for sale - view listing

Overview

Exceptional Multi-Unit Investment Five Units on One Title with Strong Returns

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.