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4A Godridge Road

Morwell, VIC 3840, Australia
$1.20m
9 bed 9 bath 4 car835m²

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Area Price Guide
$1.13m$1.27m

Indicative price guide range

🏘️
70
Comparable
📊
$625,260
Area median
⚖️
+92%
vs median
📐
$1,437
Per m²
📏
835 m²
Land
🗓️
1 month ago
Listed

Approximate location shown. Contact agent for exact address.

Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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About this property

Its Addressed: Discover a premium path to passive income with this modern, high-return registered rooming house in the heart of Morwell. Purpose-built less than 1 year ago, this exceptional 9-bedroom, 9-bathroom property sits on a generous 856sqm block and is generating an impressive $120,000 per annum a rock-solid investment in one of regional Victoria's most consistent rental markets. Each spacious bedroom features its own private ensuite and kitchenette, ensuring tenant privacy and maximum appeal. Quality fixtures and fittings are showcased throughout, while split-system heating and cooling in every room guarantee year-round comfort. Additional parking options further boost tenant convenience and demand. Designed for low-maintenance management, this property delivers high occupancy rates and dependable cash flow with minimal effort. Rooming houses like this are in high demand among investors for their ability to provide strong rental yields, minimal vacancy risk, and steady long-term growth. This property ticks every box for those seeking a high-performing, set-and-forget asset. Morwell offers a diverse, growing economy supported by industries such as mining, manufacturing, and agriculture, along with excellent education facilities, shopping centres, and transport links ensuring ongoing demand for quality rental housing. Don't miss this rare chance to secure one of Morwell's top investment properties. Contact us today to arrange your inspection and take the next step toward a secure, high-income future. "For more Real Estate in Mowell contact your Area Specialist. Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters."

Property Features

    View full listing on Domain

    See all photos, agent details & contact options on the original source.

    Repayment calculator

    $5,818/month
    $2,909 /fortnight
    Loan $960,000 at 6.10% over 30 years

    Upfront costs

    Deposit$240,000
    Stamp duty$66,000
    Conveyancing (est.)$2,000
    Total upfront$308,000
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    9
    Bathrooms
    9
    Parking
    4
    Land Area
    835m²
    Listed
    1 month ago

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