10 Monash StreetMorwell VIC 3840
Property Details for 10 Monash St, Morwell
10 Monash St, Morwell is a 3 bedroom, 1 bathroom House and was built in 1950. The property has a land size of 721m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in Morwell in the last 12 months.
Last Listing description (October 2024)
Recently renovated with modern features and room to grow
Property Overview:
Discover the perfect blend of comfort and investment opportunity at 10 Monash Street, Morwell. This delightful weatherboard home, set on a generous 721 m2 lot, has been recently painted and boasts a range of modern updates. With a projected rental return of $41,600 per annum, including a potential granny flat, this property is an investor's dream.
. Location: 10 Monash Street, Morwell
. Bedrooms: 3
. Bathrooms: 1 (recently upgraded)
. Parking: 2-car carport
. Land size: 721 m2 with ample space for a granny flat
Interior Highlights:
. Modern Kitchen: Featuring a gas cooktop, electric oven, ample benchtop, and cupboard space.
. Updated Bathroom: Includes a shower, bath, and tile flooring.
Exterior and Additional Features:
. Spacious Land: A rectangle-shaped lot with a retaining wall, perfect for additional development.
. Entertainment Area: Powered entertainment space ideal for gatherings.
. Investment Potential: Projected rental return of $41,600 per annum with the addition of a granny flat.
Investment Opportunity:
This property offers incredible potential for dual income. The existing home is ready for tenants, and the ample land size provides an excellent opportunity to build a granny flat, significantly boosting rental returns.
Contact Information:
Don't miss out on this outstanding investment opportunity. For further information or to arrange a viewing, contact Ross at 0411 122 434 today!
Visit : https://www.consumer.vic.gov.au/duediligencechecklist
Property History for 10 Monash St, Morwell, VIC 3840
- 24 Jun 2024Sold for $335,000
- 22 May 2024Listed for Sale $345,000
- 07 Aug 2018Sold for $165,000
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0About 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.
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