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1 Franklin Street

Morwell, VIC 3840, Australia
$700,000
9 bed 6 bath 2 car791m²

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Area Price Guide
$658,000$742,000

Indicative price guide range

🏘️
70
Comparable
📊
$590,000
Area median
⚖️
+19%
vs median
📐
$885
Per m²
📏
791 m²
Land
🗓️
2 months ago
Listed

Approximate location shown. Contact agent for exact address.

Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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Heritage

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About this property

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 incomeideal 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 precinctsMorwell 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

Property Features

    View full listing on Domain

    See all photos, agent details & contact options on the original source.

    Repayment calculator

    $3,394/month
    $1,697 /fortnight
    Loan $560,000 at 6.10% over 30 years

    Upfront costs

    Deposit$140,000
    Stamp duty$37,070
    Conveyancing (est.)$2,000
    Total upfront$179,070
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    9
    Bathrooms
    6
    Parking
    2
    Land Area
    791m²
    Listed
    2 months ago

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