Positioned in the popular Bridle Estate, 24 Gillie Crescent, Morwell presents an excellent opportunity for investors looking to secure a property with an established rental arrangement already in place. Set on a generous 558m² allotment, this charming brick home offers three bedrooms, additional versatile living space and a convenient location close to major amenities. Currently leased on a 12-month tenancy at $420 per week, investors can enjoy an established rental income from day one, while also recognising the opportunity to add further value through some cosmetic modernising in the future.
Property Features:
- Three well-sized bedrooms, all featuring ceiling fans, with the master bedroom offering built-in robes.
- Roller shutters to the front windows, providing added privacy and security.
- Functional kitchen with electric cooking and adjoining dining area.
- Comfortable living area with scope for future improvements and modernisation.
- Versatile rumpus room offering potential for a second living area, additional bedroom or hobby space
- Spacious backyard featuring established greenery and a lemon tree.
- Generous 558m² allotment with plenty of outdoor space.
- Single carport and garage, plus additional off-street parking.
- Convenient Bridle Estate location, within walking distance to Mid Valley Shopping Centre and only a short drive to Morwell CBD and the train station.
- Currently leased on a 12-month tenancy at $420 per week, providing an attractive rental return from settlement.
An Investment Worth Inspecting!
Offering established rental income of $420 per week, a convenient location and scope to further enhance its appeal, this is an opportunity for investors looking to add to their portfolio. Contact me today for further information or to arrange an inspection.
Contact Jesse Watson at First National Real Estate Central KW on 0421 337 777 or 03 5133 7777
Property Code: 3519
