SOLD
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Sold on 14 Nov 2023 - Price Unavailable

2-4 Olive Drive
Morwell VIC 3840

Bedrooms: 12
Bathrooms: 8
Car spaces: 8
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Property Details for 2-4 Olive Dr, Morwell

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.

Building Type
BlockOfUnits
Local Government
Latrobe
Lot/Plan
10/LP128053

Last Listing description (November 2023)

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

Property History for 2-4 Olive Dr, Morwell, VIC 3840

A timeline of how this property has performed in the market
Last Sold
14 Nov 2023
  • 30 Oct 2023
    Sold for $1,510,000
  • 20 Oct 2022
    Listed for Sale $1,550,000-$1,600,000
  • 14 Nov 2019
    Listed for Rent - Price not available
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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 8,933 properties.

    There are currently 88 properties listed for sale, and 19 properties listed for rent in Morwell on OnTheHouse. According to CoreLogic's data, 341 properties were sold in the past 12 months in Morwell.

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    Contact agent
    Frank Palermo
    Show contact details
    KW Property Sales & Rental
    Preferred contact:
    Disclaimer
    Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.