42 & 42A Hopetoun Avenue, Morwell
Live in one, rent the other – or invest in both! This well-presented duplex property offers the ideal setup for multi-income potential or mortgage relief by residing in the main house and renting out the self-contained unit. With interest rates trending down, now is the perfect time to secure a high-yield investment or a versatile home.
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PROPERTY HIGHLIGHTS
• Approximate gross rental yield: over 7.5%
• Two dwellings on one title:
• A spacious 3-bedroom home
- A Locked carport for the house
- Large backyard – perfect for families or future development
• A modern 2-bedroom unit
- Open-plan living/dining area (unit)
- Ample off-street parking for the unit
- Unit includes an as-new bathroom and toilet
• Private entrances for both house and unit on opposite sides of the property
• Walking distance to local schools and Morwell township
• Just 850m (10-minute walk) to Morwell Train Station
• Only 1.2 km to Coles and 15-minute walk to Morwell City Centre
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INVESTOR INFORMATION
• Current Rental Income:
• House: $320/week (month-to-month; Form 5 notice issued, increasing to $350/week mid-June)
• Unit: $285/week (leased; Form 5 notice issued, increasing to $300/week mid-June)
• Potential combined income: $650/week or $33,800/year
• Separate electricity & water meters for each dwelling
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WHY NOW?
Banks are cutting interest rates, and buyer confidence is climbing — this is your chance to secure a high-performing investment or affordable home with income support. Don't let this rare opportunity pass you by!
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📞 Contact us today to book your inspection. Whether you're a savvy investor or a homeowner seeking extra income, this dual-income gem is not to be missed!
