19a Clark St, Wangaratta is a 7 bedroom, 9 bathroom Townhouse with 8 parking spaces. The property has a land size of 510m2. While the property is not currently for sale or for rent, it was last sold in August 2023.
It’s not every day a property with 8 bedrooms hits the market.
Among a large common area, shared kitchen, shared bathroom and a laundry, the whopping property contains 8 x self-contained micro-apartments.
Cashflow property investment that works in the long term is hard to find.
Investing in residential property doesn't need to be a game of losing money now in the hope that property prices will go up at some point in the future.
19A Clark Street has created an innovative approach to investing in property that has created properties with 8 rentable spaces (we call them micro-apartments). This property can produce returns that are many times that of traditional residential properties.
Micro-apartments inevitable face short periods where one room is vacant due to resident moving on. Filling this vacancy is minimal. However the impact of vacancy is reduced as other rooms will continue producing rent.
Micro-apartments are an ideal option for professionals, students or individual that have simple housing needs.
Currently fully tenanted achieving approx 8% return.
Leased to a prominent Medical Industry.
This property has provided an excellent and consistent income.
Features;
* Stunning and spacious interiors and presented fully furnished in boutique building of only 8 residents
* Quality build with concrete construction
* Peaceful accommodation perfect for work from home.
* Near new 8 rentable spaces with built-robes & ensuites
* Split systems in each room
* Communal Kitchen, lounge room & laundry
* Disability bathroom
* Off-street parking and outdoor space
* Close to Northeast Health Wangaratta
This property offers an outstanding opportunity for a range of uses potentially by Institutional buyers, Government and Semi-Government organizations & Religious groups.
Enquiries please contact the office on 5721 5458.
*Disclaimer: Whilst every effort has been made to ensure the accuracy of the information provided by our Vendors, LJ Hooker Wangaratta makes no statement, representation or warranty and assumes no legal liability in relation to the accuracy of the information provided. Prospective purchasers are advised to carry out their own due diligence and investigations.
*All quoted areas/measurements are approximations only.
The size of Wangaratta is approximately 47.0 square kilometres. It has 55 parks covering nearly 8.0% of total area. The population of Wangaratta in 2016 was 18102 people. By 2021 the population was 19214 showing a population growth of 6.1% in the area during that time. The predominant age group in Wangaratta is 60-69 years. Households in Wangaratta are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wangaratta work in a professional occupation.In 2021, 66.70% of the homes in Wangaratta were owner-occupied compared with 66.10% in 2016.
Wangaratta has 11,886 properties. Over the last 5 years, Houses in Wangaratta have seen a 57.89% increase in median value, while Units have seen a 70.11% increase. As at 30 November 2025:
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