Positioned on a generous 635m² (approx.) fully fenced allotment in a convenient Wangaratta location, this solid red brick home presents an outstanding opportunity for investors, self-managed super funds (SMSFs) and buyers looking to secure a quality property with immediate income.
Currently leased to an excellent tenant returning $410 per week, the property offers an attractive approximately 5.5% gross rental yield, making it a compelling addition to any investment portfolio.
Inside, the home offers three well-proportioned bedrooms, each complete with ceiling fans for year-round comfort. A light-filled living area is serviced by a split system heating and cooling unit, while the updated kitchen provides excellent functionality with a gas cooktop, electric oven and ample storage. The updated bathroom further enhances the home's appeal, ensuring there's little to do for the next owner.
Stepping outside, you'll find a spacious undercover timber entertaining deck overlooking the large, secure backyard, providing plenty of room for children and pets while offering excellent outdoor living space.
Conveniently located within easy reach of supermarkets, local shopping, schools and everyday amenities, this is a low-maintenance investment in a high-demand rental location.
Whether you're expanding your investment portfolio, purchasing through a self-managed super fund, or looking for a quality home with immediate rental income, 21 Morrell Street represents exceptional value in today's market.
For further information or to arrange a private inspection, please contact:
Connor Tait - Tait Real Estate
M: 0493 674 245
E: connor@tait***
W: www.tait***
