An exceptional opportunity for investors to secure a fully renovated block of three units on one title, offering a projected 6% gross rental yield with no body corporate. Comprising two two-bedroom units and one one-bedroom unit, this low-maintenance investment is ideally positioned on Morwell's sought after South Side, just moments from the CBD, transport hub and everyday amenities, ensuring continued appeal to quality tenants. For buyers considering purchasing through their SMSF, this may represent one of the final opportunities under the current lending environment.
All three units are ready to lease with nothing further to spend. The upgrades include brand new kitchens, refreshed bathrooms and laundries, new flooring throughout, fresh neutral paintwork, new window furnishings, security doors and modern fixtures and fittings. With an expected combined rental return of $1,060 per week and all the benefits of owning three low maintenance dwellings on one title, this is a rare opportunity to secure a high performing investment with strong income from day one.
Keith Williams Real Estate ~ 85 Years In Real Estate
Note: All information on this listing has been provided to Keith Williams Real Estate Traralgon by third parties. This information should not be relied upon, and property buyers are advised to conduct their own due diligence before making a property purchase.
Features
5 bedrooms
3 bathrooms
crop_free833 m² lot size
cottageBlock of units
Happy sellers in Morwell
88%
sentiment_very_satisfied
88% 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 114 reviews in Morwell over the last 12 months.
Local market activity for 5 bedroom block of units in Morwell
Sold
For Sale
For Rent
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