55A Tarwin Street
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About this property
Privately positioned at the rear on a battle axe allotment, this immaculately presented residence represents an outstanding investment opportunity with a projected rental return of approximately $550 per week. Accessed via an electric gate, the property offers security, privacy and a low-maintenance lifestyle that is highly attractive to quality tenants. Showcasing generous proportions throughout, the home comprises three spacious bedrooms, including a master suite with walk-in robe, ensuite and split system air conditioning. The remaining bedrooms feature built-in robes and are serviced by a central family bathroom with separate shower and bath. A dedicated study with built-in storage provides additional flexibility for those working from home, while multiple living zones enhance tenant appeal. These include a large open plan living and dining area, a separate enclosed lounge that could also serve as a fourth bedroom if required, and a light filled family room. The well appointed kitchen features stone benchtops, a 900mm oven and cooktop, dishwasher, and ample storage, overlooking the main living area to create a practical and functional hub of the home. Gas ducted heating ensures year round comfort, while the lock-up-and-leave design eliminates the burden of ongoing garden maintenance, making this an ideal set and forget investment. Complete with a single carport and storage shed under the roofline, this quality property presents a compelling opportunity to secure a strong performing asset in a sought-after location. With an estimated rental return of $550 per week, investors can enjoy an attractive gross rental yield of approximately 5%. Contact Tyson Jenkin at Keith Williams Real Estate in Traralgon on 0456 588 078. Keith Williams Real Estate Traralgon ~ Over 80 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
- house
- Listing Type
- For Sale
- Bedrooms
- 3
- Bathrooms
- 2
- Parking
- 1
- Land Area
- 503 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Morwell
This 3-bedroom house in Morwell, VIC 3840 sits within reach of public transport, local shops and nearby schools. It is listed 1% above the $549,900 median of 70 comparable houseswithin 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
- The Avenue/The Boulevard (bus) — 3.1 km away
- Aldi — 2.9 km away
- Unnamed — 2.2 km away
- Unnamed — 2.3 km away
- Unnamed — 2.3 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 · House 3 bed
Compound growth +6.8% / yr over 4 yrs
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Full Morwell marketThis listing
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Price history
Listing price changes
2 price changes recorded for this property
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