2 Billingsley Court

Morwell VIC 3840

598 m²

House

Currently for sale - view listing

Overview

Updated, Low-Maintenance & Ready to Go

A set-and-forget investment with the hard work already done. Positioned on Morwell’s sought-after south side, this beautifully updated three-bedroom home presents a straightforward investment opportunity, already leased at $450 per week on a 12-month fixed-term tenancy agreement. WHAT MAKES THE HOME DIFFERENT For investors seeking an established property with immediate rental income, this home offers a compelling combination of updated presentation, practical accommodation and a secure tenancy already in place. At $450 per week, the property generates $23,400 in annual gross rental income, representing an approximate gross rental yield of 4.37% based on the $535,000 purchase price. WHY YOU’LL LOVE IT The home has been thoughtfully updated throughout, helping minimise the need for immediate capital expenditure while providing a modern and appealing rental property. Its three-bedroom configuration, secure rear yard, lock-up garage and convenient south-side location further support its ongoing rental appeal. THE FINER DETAILS • Three generous bedrooms • Beautifully updated throughout • Modern bathroom • Light-filled interiors • Split system heating and cooling • Secure rear yard • Lock-up garage • $450 per week rental income with a 12 month fixed term tenancy agreement • $23,400 approximate annual gross rental income • Approx. 4.37% gross rental yield based on $535,000 purchase price • Established south-side location • Convenient access to schools, shops and public transport • Close to Morwell CBD and everyday amenities An established, income-producing investment with a secure tenancy and nothing left to do but collect the rent. Contact Tyson Jenkin on 0456 588 078 to arrange your inspection. 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.