93 Rowan Street
Compare with other listings
See it side-by-side · winner per row · AI verdict.
Photos via the original listing. All photographs remain the property of their respective owners.
Maps & AI
Ask StMate AI
AI Property Assistant
Ask anything about this property
Approximate location shown. Contact agent for exact address.
Gallery
Property Photos
Listing description
About this property
Rarely does an investment opportunity of this calibre become available. Comprising five well-maintained units on one title, this outstanding property offers investors the perfect combination of immediate cash flow and long-term security. Offering a strong annual rental income of $86,320 and an impressive 5.75% return, this well-performing asset is ideal for investors seeking secure, consistent returns. With ongoing demand for quality accommodation in this highly desirable location, this property presents an outstanding opportunity to strengthen any investment portfolio. Ideally positioned within walking distance to the CBD, this provides easy access to shopping, cafés, restaurants, schools, and public transport. The property is also located close to the hospital, a major local employer, ensuring ongoing appeal to healthcare professionals and a wide range of renters seeking convenience and lifestyle. The complex consists of: - Three one-bedroom units - Two spacious two-bedroom units Investment Highlights - Five units on one title - Each unit with it's own carport - Combined rental return of $86,320 per annum - Established renters already in place - Well-maintained complex with strong presentation - Diverse income stream from multiple dwellings, reducing vacancy risk - Outstanding opportunity for investors seeking a high-yield, low-maintenance asset Whether you're looking to expand your portfolio, diversify your investments, or secure a quality income-producing property in a tightly held location, this is an opportunity not to be missed. Multi-unit properties on a single title offering strong returns and proven tenancy are increasingly difficult to find, making this a smart investment for both today and the future.
Property Details
- Property Type
- land
- Listing Type
- For Sale
- Bedrooms
- 7
- Bathrooms
- 5
- Parking
- 5
- Land Area
- 1127 m²
- Listed
- 2 weeks ago
Repayment calculator
Upfront costs
Know what you can borrow
Talk to a mortgage broker about pre-approval and your best rate — free, no obligation.
Inspections
Interested in inspecting this property?
Check the next open inspection time or request a private viewing on Domain.
Book inspection on DomainWork at OBrien Real Estate Joyce? Claim this listing to sync your ads with StMate.
Neighbourhood
Living in Wangaratta
This 7-bedroom land in Wangaratta, VIC 3677 sits within reach of public transport, local shops and nearby schools. It is listed 163% above the $579,000 median of 54 comparable landswithin 5 km.
Schools near Wangaratta
- Cathedral College Wangarattacombined · Prep-12 · CoEd
- Wangaratta District Specialist Schoolcombined · U · CoEd
- Appin Park Primary Schoolprimary · Prep-6 · CoEd
- Wangaratta Primary Schoolprimary · Prep-6 · CoEd
- Wangaratta West Primary Schoolprimary · Prep-6 · CoEd
- Yarrunga Primary Schoolprimary · Prep-6 · CoEd
What's nearby
- Wangaratta 1 (train) — 381 m away
- IGA — 722 m away
- Unnamed — 783 m away
- Wareena Park — 929 m away
- Batchelors Green — 957 m away
Wangaratta at a glance
Full suburb profile- Population
- 19,214
- Median age
- 44
- Household income
- $1,218/wk
- Median rent
- $260/wk
- Median mortgage
- $1,300/mo
Source: ABS Census.
Generate Property Report
Get a comprehensive analysis of this property across 10 data dimensions including schools, zoning, traffic, transport, noise, flood risk, bushfire, crime, development, and heritage.
Suburb market
Suburb price trend
Wangaratta price trend
Median sold · House 3 bed
Compound growth +4.5% / yr over 4 yrs
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
Full Wangaratta marketThis listing
Price history
Price history
Listing price changes
1 price change recorded for this property
See exactly how this listing's price has moved over time— a paid feature. The figures aren't shown publicly.
Side-by-side analysis
Compare with similar properties
Similar lands in the same price range in Wangaratta and nearby — see how this property stacks up.
Within 5km