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17 Madden St

Morwell VIC 3840

4
1
3
House
Currently for sale - view listing

Overview

A Versatile Opportunity – Invest Now or Move In Later

Positioned in a convenient location in Morwell, 17 Madden Street presents an excellent opportunity for investors and future owner-occupiers alike. Set on a generous 638m² allotment, this well-maintained property offers four generously sized bedrooms, comfortable living spaces and plenty of parking, providing a practical and appealing place to call home or a valuable addition to any investment portfolio. Currently leased for $390 per week, with the existing lease secured until February 2027, investors can enjoy immediate rental income, while prospective owner-occupiers can plan ahead to make this property their own once the lease expires. Conveniently located close to Morwell's town centre, public transport and the Morwell RSL, this property offers both convenience and versatility. Property Features: - Generous 638m² allotment. - Four generously sized bedrooms. - Massive master bedroom complete with split system air conditioning. - Modern bathroom featuring both a shower and bath. - Timber kitchen equipped with a dishwasher and electric stove. - Separate dining area flowing from the kitchen. - Cosy lounge room with an additional split system air conditioner. - Large double garage measuring approximately 8m x 5.8m, ideal for vehicles, storage or a workshop. - Double carport providing additional off-street parking. - Front deck, perfect for relaxing outdoors. - Undercover rear entertaining area. - Currently returning $390 per week. - Secure lease in place until February 2027. Whether you're looking to expand your investment portfolio or secure a home to move into in the future, 17 Madden Street is an opportunity worth considering. Contact me today for further information or to arrange an inspection! Property Code: 3525

Features

4 bedrooms
1 bathroom
3 carspaces
1 carport space
2 garage spaces
House

Property history for 17 Madden St

2024
Rented
Undisclosed
Leased on 01 Feb 2024 by First National Real Estate Central KW
2020
Rented
Undisclosed
Leased on 01 Sep 2020 by First National Real Estate Central KW
2020
Sold
Undisclosed
11 Jun 2020 by Jake Gardam, of First National Real Estate Central KW

Happy sellers in Morwell

92%
92% of sellers in Morwell reported that their sale price either exceeded or met their price expectations.

Morwell stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 81 reviews in Morwell over the last 12 months.

Local market activity for 4 bedroom houses in Morwell

In the last 12 months, 68 four-bedroom houses similar to 17 Madden St, have been sold.

This represents a 20% increase in four-bedroom houses sales when compared to the previous 12 months.

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