The Avenue Property Co. is pleased to present a compelling income-producing opportunity on a substantial 1,190m² block in one of Morwell's most accessible and established pockets - purpose-built for the patient investor seeking strong, reliable returns. The front of the property features a fully renovated four-bedroom, two-bathroom solid home, low-maintenance, and built to last - currently tenanted with a lease running through to September 2026, offering immediate rental income from day one. All the hard work is already done, and this property holds significant long-term land value with future possibilities already within reach - ready when you are.
Renovation features include:
• Multiple open living areas
• LED downlights throughout
• Induction cooktop
• Instant gas hot water system
• Underfloor ducted heating
• Stone benchtops to kitchen, laundry, and bathrooms
• Heat lamps in bathroom & ensuite
• Floor to ceiling tiles in bathroom & ensuite
With a brick veneer structure that requires minimal upkeep and stands the test of time, this is the kind of asset that holds its value without compromise. The renovation is complete and the tenant is in place, meaning your capital is working from settlement while your options remain wide open. Hold now, collect rent, and unlock the full potential of this landholding on your own timeline.
Adding further weight to this investment is Morwell's ongoing transformation. A $30 million government hub is currently being established just hundreds of metres from the property, representing one of the most significant public infrastructure investments the region has seen in years. This kind of government-backed commitment signals long-term confidence in the area - and the numbers are already reflecting it. Morwell's median house price has grown by an impressive 21% over the past 12 months, underlining the suburb's momentum and positioning this property for sustained capital growth well into the future.
Positioned just 800 metres from Morwell Railway Station and within easy walking distance to shops, cafés, schools, and essential services, the property sits in a location with enduring tenant demand. Nearby amenities including Morwell Centenary Rose Garden, Morwell Club Bowling Club, and Northern Reserve further strengthen its long-term liveability and appeal to quality tenants.
For the buy-and-hold investor, this is a rare combination: secure income today, a structurally sound asset built without compromise, and a location delivering 21% capital growth and backed by real government investment.
Enquire today to secure this high-yielding, future-proof asset.
For investors, this is a rare combination: secure income today, a structurally sound asset built without compromise, and a location backed by real government investment and genuine growth momentum.
