16 Pandanus Court

Its Addressed: Built for performance and designed to maximise long-term returns, 16 Pandanus Court presents a rare opportunity to secure a fully registered Class 1B rooming house delivering strong, consistent income in a high-demand rental market. Positioned in a quiet court location just moments from Warragul's town centre, transport, and key amenities, this purpose-built asset is tailored for investors seeking a scalable, low-maintenance investment with immediate cash flow. The property comprises nine well-appointed rooms, each fitted with split-system heating and cooling, built-in robes, and access to a private courtyard creating a highly desirable living environment that supports strong occupancy and tenant retention. Central shared spaces are clean, modern, and functional, including a well-equipped kitchen, dining area, and laundry, all designed for ease of management and durability. A major standout is the approx. 20kW solar system, significantly reducing electricity costs and enhancing overall efficiency a critical advantage for rooming house operators where utilities are commonly included. This results in a more cost-effective asset with improved net returns. Investment Highlights: -Fully registered Class 1B rooming house (land tax exempt*) -Nine bedrooms, three bathrooms -Split-system heating and cooling to all rooms -Private courtyards to each tenancy -Modern shared kitchen, dining, and laundry facilities -Approx. 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 approx. $126,360 per annum (full occupancy) With limited supply of compliant rooming houses and strong demand across the Gippsland region, this is a high-performing investment offering both immediate income and long-term upside. "For more Real Estate in Warragul contact your Area Specialist. Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters."