3 North Road
Warragul, VIC 3820

Positioned in a convenient and well-established pocket of Warragul, this fully licensed and operating Class 1B rooming house presents a strong cash-flow investment opportunity in a market supported by consistent tenant demand and limited supply of compliant accommodation.

The property comprises nine lettable bedrooms, two bathrooms, three toilets, a shared kitchen and living area, and a double garage with additional off-street parking, providing practical and functional accommodation designed to support consistent occupancy.

As a registered Class 1B rooming house, the property is approved for rooming accommodation use and operates within the required regulatory framework, providing investors with an established and compliant income-producing asset from day one.

Set on approximately 593 square meters, the property benefits from close proximity to Warragul’s town centre, public transport, shopping precincts, and major local employers — key drivers behind ongoing demand for affordable accommodation in the region.

Investment Highlights:

• Fully licensed and operating Class 1B rooming house
• Nine lettable bedrooms configured for strong rental return
• Two bathrooms and three toilets servicing the home
• Functional communal kitchen and shared living areas
• Double garage plus additional off-street parking
• 593 square meter (approx.) allotment
• Convenient location close to transport, shops, and services
• Established accommodation model with consistent demand

Financial Snapshot:

• Current room rents: $270 per room, per week
• Approximate gross annual income: $126,360 (based on full occupancy)

With strong regional demand for rooming accommodation and limited availability of compliant investment stock, 3 North Road, Warragul offers investors the opportunity to secure a high-yielding asset with immediate income and long-term holding appeal in one of Gippsland’s most reliable rental markets.