57 Comans Street

Morwell VIC 3840

228 m²

756 m²

House

Currently for sale - view listing

Overview

$650 per week Rare Dual-Occupancy Opportunity in a Convenient Morwell Location

Offering versatility, space and an attractive rental return, 57A & 57B Comans Street, Morwell presents a fantastic opportunity for investors seeking a dual-occupancy property with two separate residences on one generous 756m² block. Featuring a spacious three-bedroom brick home and a connected one-bedroom unit, this unique property provides two income streams, making it an appealing addition to any investment portfolio. With both residences currently tenanted and returning a combined $650 per week, this is an opportunity not to be missed! Property Features Main Residence – 57A Comans Street - Three spacious bedrooms, all complete with built-in robes - Dedicated study, ideal for working from home - 1 Bathroom with an extra shower in laundry area - Great-sized kitchen with adjoining dining area and walk-in pantry - Generous living area featuring split-system heating and cooling - Undercover outdoor entertaining area - Good-sized laundry - Single carport, plus a separate garage - Currently rented for $350 per week Connected Unit – 57B Comans Street - One bedroom with built-in robes - Private ensuite incorporating laundry facilities - Great-sized kitchen with adjoining dining area - Separate living area with split-system heating and cooling - Additional sunroom, offering extra space and versatility - Single carport - Currently rented for $300 per week Investment & Location Highlights - Generous 756m² block - Combined rental income of $650 per week, totalling $33,800 per annum - Council rates and water service charges approximately $1,980 per year - Landlord insurance approximately $1,000 per year - Water usage paid by the landlord, approximately $2,200 per year - Separate electricity and gas meters, with tenants responsible for their own usage - One water meter servicing the property - Public transport within walking distance - Leisure centre conveniently located within walking distance - Only a short drive to Morwell's shops, schools, cafes and other local amenities Conclusion Dual-occupancy properties offering this level of flexibility and established rental income are rarely available. Whether you're looking to expand your investment portfolio or secure a property with two income-producing residences, 57A & 57B Comans Street, Morwell is well worth your inspection. With both residences currently leased and a combined return of $650 per week, opportunities like this don't come around often — don't wait to see this one! Property Code: 3504