1 Franklin Street, Morwell, VIC, 3840

For Sale

1 Franklin Street, Morwell, VIC, 3840

$700,000 - $770,000

791 m²

House

•

30+ days on the market

Next inspection:: Saturday 16 May 2:40 PM

View agent price guide

Inspection times

16th May

Saturday

2:40 PM - 3:00 PM

What's around 1 Franklin Street

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