FOR SALE
Sale Price Unavailable

81 Holmes Road
Morwell VIC 3840

Bedrooms: 9
Bathrooms: 9
Car spaces: -
Land area: 585m2
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The Brief: Exceptional Investment Opportunity in Central Morwell

It's Addressed:
Discover the ultimate path to passive income with this modern, high-yielding rooming house in the heart of Morwell. Perfect for astute investors, this brand-new 9-bedroom, 9-bathroom property, situated on a generous 585sqm block, delivers impressive rental returns and long-term potential in a thriving regional market.
Less than 1 year old, this stunning property is designed for maximum tenant comfort and convenience. Each of the nine spacious rooms features its own private ensuite and kitchenette, offering unparalleled privacy. Quality fixtures and fittings are evident throughout, while a fully fenced private courtyard provides secure outdoor space for each resident. With split system heating and cooling in every room, year-round comfort is guaranteed.
Rooming houses like this are increasingly popular among investors for their strong rental yields and consistent cash flow of $151,000 per annum. This property stands out as a premier option, with the capacity to generate significant rental income and ensure high occupancy rates. It’s a rare opportunity to secure a high-performing, low-maintenance investment in a growing market.
Morwell is a vibrant regional city with a diverse economy supported by industries such as mining, manufacturing, and agriculture. The area boasts excellent educational facilities, including schools and TAFE, as well as a variety of recreational amenities like parks, sporting complexes, and shopping centers. Its strategic location ensures a steady demand for quality rental housing.
Don’t miss out on this exceptional opportunity. Contact us today to arrange an inspection and take the next step toward a secure and lucrative investment future.
For more Real Estate in Morwell 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.
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Property Details for 81 Holmes Rd, Morwell

81 Holmes Rd, Morwell is a 9 bedroom, 9 bathroom House. The property has a land size of 585m2. The place is currently for sale with AREA SPECIALIST KEYSBOROUGH.

Building Type
House
Land Size
585m2

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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 8,954 properties. Over the last 5 years, Houses in Morwell have seen a 80.40% increase in median value, while Units have seen a 41.20% increase. As at 30 November 2024:

  • The median value for Houses in Morwell is $324,509 while the median value for Units is $267,245.
  • Houses have a median rent of $373 while Units have a median rent of $295.
There are currently 68 properties listed for sale, and 15 properties listed for rent in Morwell on OnTheHouse. According to CoreLogic's data, 435 properties were sold in the past 12 months in Morwell.

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Luke Woodham
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AREA SPECIALIST KEYSBOROUGH
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