Rooming House / Workers Accommodation
Exclusively Presented by MEL Business Brokers Pty Ltd
Freehold Going Concern | Prime Mildura CBD Location | Zoned Commercial 1
This is a rare opportunity to acquire a well-established, high-demand rooming house in a prime location within prominent main street frontage in the heart of Mildura’s CBD.
With minimal operational oversight and secure long-term occupancy, this property is ideally suited for investors or owner-operators seeking a reliable, low-maintenance income stream. The majority of tenants are long-term workers, ensuring consistent rental income.
Key Features
– Quality fit-out with high-grade plant & equipment
– New extension completed January 2025
– No internal housekeeping – tenants maintain their own rooms
– Minimal owner/manager involvement – approx. 5 hours per week
– 7 rooms accommodating 18 beds in total
– Shared amenities: 3 bathrooms, 3 toilets, 2 fully equipped communal kitchen, BBQ area
– Starlink Wi-Fi installed
– Separate storage room & unused portable office
– Dual access: Deakin Avenue frontage & rear service lane entry
– Fully gated & secured complex with 17 CCTV surveillance cameras
– Town water, Natural gas supply & 3 phase power
– Land size: 652 m²
– Ample on-street parking for tenants & visitors
Financial Highlights
– Current Land & Building Valuation: $1,250,000 (valuation report available upon request)
– Asking Price: $1,350,000 – exceptional value considering fit-out, plant & equipment, and business goodwill.
Contact
Kamal Sharma – OIEC / Managing Director
MEL Business Brokers Pty Ltd
Sainath Banala – Director/Business Broker
MEL Business Brokers Pty Ltd
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