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
