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1-3/98 Commercial Road, Morwell
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1-3/98 Commercial Road

Morwell, VIC 3840, Australia
6 bed 3 bath 3 car663 m²

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About this property

Secure a high-performing property in the heart of Morwell's CBD! This outstanding investment features: . 3 x fully renovated 2-bedroom brick units . Solid construction on a generous 663m² block . Prime central location with strong tenant demand . Returning $44,460 per annum in rental income . Long-term, reliable tenants already in place . Three separate carports for added convenience A turnkey investment with immediate returns - perfect for savvy investors! MUST BE SOLD FAST - Vendor has already purchased elsewhere! Contact Ross on 0411 122 434 for your exclusive inspection today, Don't miss this rare opportunity in Morwell's thriving Visit : https://www.consumer.vic.gov.au/duediligencechecklist

Neighbourhood

Living in Morwell

This 6-bedroom apartment in Morwell, VIC 3840 sits within reach of public transport, local shops and nearby schools.

Schools near Morwell

  • Virtual School Victoria - Bellum Bellum Blended Learning Hubcombined
  • Morwell Central Primary Schoolprimary · Prep-6 · CoEd
  • Morwell Park Primary Schoolprimary · Prep-6 · CoEd
  • Berry Street School - Morwell Campussecondary
  • Kurnai Collegesecondary · 7-12 · CoEd

What's nearby

  • Williams St/Well St (bus)3.5 km away
  • Woolworths3.6 km away
  • Unnamed2.6 km away
  • Unnamed2.7 km away
  • Unnamed3.1 km away

Morwell at a glance

Full suburb profile
Population
14,389
Median age
43
Household income
$942/wk
Median rent
$215/wk
Median mortgage
$953/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Morwell price trend

Median sold · Unit 2 bed

Compound growth +11.1% / yr over 4 yrs

$335kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Morwell market

Within 5km

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