19 Sinclair Avenue
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About this property
An exceptional opportunity for investors to secure a fully renovated block of three units on one title, offering a projected 6% gross rental yield with no body corporate. Comprising two two-bedroom units and one one-bedroom unit, this low-maintenance investment is ideally positioned on Morwell's sought after South Side, just moments from the CBD, transport hub and everyday amenities, ensuring continued appeal to quality tenants. For buyers considering purchasing through their SMSF, this may represent one of the final opportunities under the current lending environment. All three units are ready to lease with nothing further to spend. The upgrades include brand new kitchens, refreshed bathrooms and laundries, new flooring throughout, fresh neutral paintwork, new window furnishings, security doors and modern fixtures and fittings. With an expected combined rental return of $1,060 per week and all the benefits of owning three low maintenance dwellings on one title, this is a rare opportunity to secure a high performing investment with strong income from day one. Keith Williams Real Estate ~ 85 Years In Real Estate Note: All information on this listing has been provided to Keith Williams Real Estate Traralgon by third parties. This information should not be relied upon, and property buyers are advised to conduct their own due diligence before making a property purchase.
Property Details
- Property Type
- land
- Listing Type
- For Sale
- Bedrooms
- 5
- Bathrooms
- 3
- Land Area
- 833 m²
- Listed
- Yesterday
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Neighbourhood
Living in Morwell
This 5-bedroom land in Morwell, VIC 3840 sits within reach of public transport, local shops and nearby schools. It is listed 63% above the $549,900 median of 69 comparable landswithin 5 km.
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
- Woolworths — 3.6 km away
- Unnamed — 2.6 km away
- Unnamed — 2.7 km away
- Unnamed — 3.1 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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