SaleMorwell VIC 3840Apartment1 4/20-22 Park Avenue
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Rachel Buglisi
+ 61 0401 098 763
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For sale

Apartment3mo

$899,000

1 4/20-22 Park Avenue, Morwell, VIC, 3840, Australia

8Bedrooms
4Bathrooms
4Carspots
1167 m²Land size
Map of the surrounding area
Nearest stations
Station
Trafalgar
184M (3 mins)
Station
Morwell
184M (3 mins)

About this Property

Its Addressed:

Terrific opportunity to secure this 4 unit complex positioned close to shops, primary school, kinder & only 10 minute stroll to Mid Valley Shopping Centre.
All units have been Strata Titled, keep as one or have the option to sell each unit separately.
Combined weekly income of $1,080
No Owners Corporation fees
Complex comprises 4 x 2 bedroom units, all sitting on a huge 1167m2 (approx.) block in Bridle Estate
All units are currently leased to excellent long-term tenants & feature:
- Brick veneer construction
- Built in robes to all bedrooms
- Gas appliances
- Open plan living zone
- Good size enclosed yard
- Single carport
Unit 4 features its own separate drive-way, as new gas oven & split system heating & cooling
Solid rental history with extremely low vacancy rates, currently leased:
Unit 1 $255pw, Unit 2 $280pw, Unit 3 $255pw and unit 4 $290pw

Rent increase effective July 2024 (3 units increased to $280pw and unit 4 $290pw)

A set and forget investment opportunity!
Contact Rachel Buglisi on 0401098763 for further information or to arrange an inspection.

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.

Statement of Information

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In compliance with Estate Agents Act 1980

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Rachel Buglisi

start icon4.8(277 reviews)
Area Specialist Rachel Buglisi
+ 61 0401 098 763
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More Details on 1 4/20-22 Park Avenue, Morwell VIC

How many bedrooms and bathrooms does 1 4/20-22 Park Avenue, Morwell have?

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1 4/20-22 Park Avenue, Morwell is a 8 bedroom, 4 bathroom apartment.

Who is the agency that listed 1 4/20-22 Park Avenue, Morwell?

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The agency who listed 1 4/20-22 Park Avenue, Morwell is Area Specialist Rachel Buglisi - you can contact the agents here.

How many car spots does 1 4/20-22 Park Avenue, Morwell have?

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1 4/20-22 Park Avenue, Morwell is a 4 car spot home.

How much is 1 4/20-22 Park Avenue, Morwell?

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The price of 1 4/20-22 Park Avenue, Morwell is $899K - contact the agents to find out more.