2-4 Olive Dr, Morwell is a 12 bedroom, 8 bathroom BlockOfUnits with 8 parking spaces. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 12 bedroom BlockOfUnits sold in Morwell in the last 12 months.
This is a great opportunity to own your very own superannuation fund.
These 8 unit are solidly built with:
- 4 x 1 bedroom and 4 x 2 Bedroom
- Currently returning $86320 per year
- With potential increase due in the the 2023
- $1.55 -$1.6 Million
Contact Frank Palermo at KW Property Sales for an inspection on 0427049696
Property Code: 2346
Property Code: 2346
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 8,933 properties.
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