1-4/20-22 Park Avenue Morwell
Under Contract
1-4/20-22 Park Avenue Morwell
8  Rests
  |  
4  Showers
  |  
4  Parks
$899,000
Statement of Information
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.
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Under Contract
Property Details
Unit
Land Size 1,167m²
Price Range $899,000
Rachel  Buglisi
Rachel Buglisi
Licensed Estate Agent / Director