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Overview
16 Pandanus Court, Warragul VIC 3820
Built for performance and designed to maximise long-term returns, 16 Pandanus Court offers a rare opportunity to acquire a fully registered Class 1B rooming house that delivers strong and consistent income in a high-demand rental market.
Located in a quiet court just moments from Warragul’s town centre, transport options, and essential amenities, this purpose-built property is ideal for investors seeking a scalable, low-maintenance investment with immediate cash flow.
The property features nine well-appointed bedrooms, each equipped with split-system heating and cooling, built-in robes, and access to private courtyards, creating a highly desirable living environment that supports strong occupancy rates and tenant retention.
Shared central spaces are modern, clean, and functional, including a well-equipped kitchen, dining area, and laundry facilities, all designed for ease of management and durability.
A significant highlight is the approximately 20kW solar system installed, which substantially reduces electricity costs and enhances overall energy efficiency. This is a critical advantage for rooming house operators where utilities are typically included, resulting in a more cost-effective asset with improved net returns.
Investment Highlights:
- Fully registered Class 1B rooming house (land tax exempt*)
- Nine bedrooms and three bathrooms
- Split-system heating and cooling in all rooms
- Private courtyards for each tenancy
- Modern shared kitchen, dining, and laundry facilities
- Approximate 20kW solar system reducing running costs
- Double garage plus additional off-street parking
- Purpose-built, low-maintenance design for efficient operation
- Quiet, well-located court close to all amenities
Financial Overview:
- Current room rents: $270 per week
- Potential gross return: up to approximately $126,360 per annum at full occupancy
With a limited supply of compliant rooming houses and strong demand across the Gippsland region, this property represents a high-performing investment offering both immediate income and long-term growth potential.
Prospective purchasers are advised to conduct their own due diligence to verify all details and ensure the property meets their investment criteria.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Warragul VIC 3820
Market Insights for Warragul VIC 3820
Other properties in this postcode
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
