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19 Boxcar Street, Warragul VIC 3820

$1,050,000 - $1,100,000

Search Band Search Visibility Band

$1.05M - $1.1M Transparent Transparent Listing Based on an openly advertised listing price.

House 6 Beds 6 Baths 2 Cars 496 m²

Listed: 6th Aug 2026

Overview

Located in the rapidly growing region of Warragul, this purpose-built Class 1B rooming house offers a contemporary investment opportunity tailored to meet the demands of the co-living market. Completed in 2025 and first leased in early 2026, the property is fully registered and compliant, making it a turnkey asset with immediate income potential.

Set on a modestly-sized 496 square metre allotment, the residence is designed for practicality and low maintenance, ideal for long-term ownership. It offers six generously sized bedrooms, each with a private ensuite, enhancing tenant privacy and comfort—an attractive feature for specialist accommodation tenants seeking independence alongside shared community spaces.

The communal areas have been thoughtfully laid out to foster a sense of connection among tenants while maintaining efficiency. A spacious kitchen and dining area provide ample room for social interaction and communal living, supported by additional shared living spaces and separate laundry facilities. Quality fixtures and contemporary finishes throughout reflect a commitment to durability and tenant appeal.

Fully furnished for immediate use
Digital locking systems for individual bedrooms ensuring tenant security
CCTV surveillance for added safety
Split-system heating and cooling for year-round comfort
Double garage plus extra off-street parking to accommodate vehicles
Professionally landscaped gardens designed for ease of upkeep

With a rental rate projected at $270 per room per week, the property anticipates a gross annual income of approximately $84,240 at full occupancy. Its modern compliance standards combined with premium presentation position this development as an exceptional investment within one of Gippsland’s fastest-growing regional hubs.

Local Market Insights

In Warragul, Quiet Listings observed 44 new houses entering the market over the last 30 days, up from 26 during the previous 30-day period, with an average advertised asking price of $831,886. The property type mix of listed properties is predominantly Houses at 75%, followed by land (10%), and townhouses (10%). The most active agency for houses in the Warragul area is currently One Agency, representing 23% of new listings, followed by OBrien Real Estate with 20%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

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.