FOR SALE
$539,000

135 Comans Street
Morwell VIC 3840

Bedrooms: 5
Bathrooms: 3
Car spaces: 1
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Investment Opportunity - Three Properties, One Title

Three properties on one title in the heart of Morwell. This unique offering includes a house plus 2 units, providing a great opportunity for the savvy investor to enjoy solid cashflow with room to grow
Consider further options, live in one - lease out two or move in with your extended family and enjoy your own space & privacy
Here's what's on offer:
• 135 Comans Street: A spacious 3-bedroom, 1-bathroom house, offering potential for value-adding renovations. Estimated return of $270 per week
• Unit 1: A renovated 1-bedroom, 1-bathroom unit, equipped with split-system air conditioning. Leased for $260 per week
• Unit 2: Another tastefully updated 1-bedroom, 1-bathroom unit with split-system air conditioning. Leased for $260 per week
With an estimated return of 7.62%, and the potential to increase returns through further renovation of the house, this is an investment opportunity that you should consider
Contact Kerrie Ford 0436 179 179
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Property Details for 135 Comans St, Morwell

135 Comans St, Morwell is a 5 bedroom, 3 bathroom House with 1 parking spaces. The place is currently for sale with Eview Group - Australia.

Building Type
House

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About Morwell 3840

The size of Morwell is approximately 44.9 square kilometres. It has 31 parks covering nearly 5.9% of total area. The population of Morwell in 2011 was 14,005 people. By 2016 the population was 13,753 showing a population decline of 1.8% in the area during that time. The predominant age group in Morwell is 50-59 years. Households in Morwell are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Morwell work in a trades occupation. In 2011, 63.1% of the homes in Morwell were owner-occupied compared with 61.7% in 2016.

Morwell has 8,939 properties. Over the last 5 years, Houses in Morwell have seen a 79.21% increase in median value, while Units have seen a 46.24% increase. As at 31 October 2024:

  • The median value for Houses in Morwell is $319,787 while the median value for Units is $272,996.
  • Houses have a median rent of $370 while Units have a median rent of $290.
There are currently 65 properties listed for sale, and 13 properties listed for rent in Morwell on OnTheHouse. According to CoreLogic's data, 422 properties were sold in the past 12 months in Morwell.

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Kerrie Ford
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Eview Group - Australia
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