1/16 Moriarty Rd, Latrobe is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 315m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in June 2019.
These Villas known as the "Kings Creek Villa" complex present a unique opportunity to those seeking a secure investment, with an immediate and consistent return, and potential capital growth.
Ideal if you are looking for a set & forget investment with all occupancy, cleaning and management taken care of with NIL management or body corporate fees in place;
OR
If you are thinking of your future you can purchase INDIVIDUALLY and enjoy the rent for three years and consider your options at the end of the lease.
Located in the thriving town of Latrobe, close to the Mersey Community Hospital, Schools and the centre of town offering a lifestyle of convenience.
The complex is currently under a THREE-YEAR lease agreement which commenced in May 2018 with a Government Dept.
* The complex is privately set on an internal allotment off
Moriarty Road, ensuring a quiet & secure environment for the occupiers with
extra parking for guests available.
* Villas 2 & 5 achieving $280 per week. (Nil Management Fees)
* Villas 1, 3 & 4 have been SOLD
* Vendors will consider to sell two villas together.
Whatever your investment criteria, opportunities like this do not present to the market very often; for more information please call the Listing Agent SHARYN CRACK for detailed information.
Built-In Wardrobes, Carpeted, Close to Schools, Close to Shops, Openable Windows
The size of Latrobe is approximately 62.8 square kilometres. It has 12 parks covering nearly 7.1% of total area. The population of Latrobe in 2011 was 3,897 people. By 2016 the population was 4,155 showing a population growth of 6.6% in the area during that time. The predominant age group in Latrobe is 60-69 years. Households in Latrobe are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Latrobe work in a trades occupation. In 2011, 69.1% of the homes in Latrobe were owner-occupied compared with 68.2% in 2016.
Latrobe has 2,741 properties. Over the last 5 years, Houses in Latrobe have seen a 79.51% increase in median value, while Units have seen a 70.36% increase. As at 31 October 2024:
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