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71 George Street, Morwell$325,000

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71 George Street

Morwell, VIC 3840, Australia

$325,000

1 bath

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About this property

Located in the heart of Morwell's bustling shopping precinct, this high-profile brick retail property is an excellent investment opportunity. Featuring: . 11m frontage with excellent street visibility . 90m2 internal space with concrete flooring and polished timber floorboards . Recently renovated throughout with modern lighting and bright decor . Office rooms equipped with the latest reverse cycle air conditioners . Kitchenette, ample power points, and toilets for staff and customers . Prime position in Morwell's shopping district with heavy foot traffic . Projected rental income of $18,000 per annum Motivated to sell! Don't miss out on this chance to secure a premium retail space in a thriving commercial area. For more information or to arrange an inspection, contact Ross on 0411 122 434.

Property Details

Property Type: house
Listing Type: For Sale
Bathrooms: 1
Listed: 3 months ago

Repayment calculator

$1,576/month

$788 /fortnight

Loan $260,000 at 6.10% over 30 years

Upfront costs

Deposit$65,000

Stamp duty$14,570

Conveyancing (est.)$2,000

Total upfront$81,570

Verify with VIC revenue office →

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Neighbourhood

Living in Morwell

This house in Morwell, VIC 3840 sits within reach of public transport, local shops and nearby schools. It is listed 43% below the $567,264 median of 71 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) — 2.9 km away
Woolworths — 2.8 km away
Unnamed — 2.0 km away
Unnamed — 2.1 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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