Floor plan
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Discover the ultimate path to passive income with this modern, high-yielding rooming house in the heart of Morwell. Perfect for astute investors, this brand-new 9-bedroom, 9-bathroom property, situated on a generous 585sqm block, delivers impressive rental returns and long-term potential in a thriving regional market.
Less than 1 year old, this stunning property is designed for maximum tenant comfort and convenience. Each of the nine spacious rooms features its own private ensuite and kitchenette, offering unparalleled privacy. Quality fixtures and fittings are evident throughout, while a fully fenced private courtyard provides secure outdoor space for each resident. With split system heating and cooling in every room, year-round comfort is guaranteed.
Rooming houses like this are increasingly popular among investors for their strong rental yields and consistent cash flow of $151,000 per annum. This property stands out as a premier option, with the capacity to generate significant rental income and ensure high occupancy rates. It?s a rare opportunity to secure a high-performing, low-maintenance investment in a growing market.
Morwell is a vibrant regional city with a diverse economy supported by industries such as mining, manufacturing, and agriculture. The area boasts excellent educational facilities, including schools and TAFE, as well as a variety of recreational amenities like parks, sporting complexes, and shopping centers. Its strategic location ensures a steady demand for quality rental housing.
Don?t miss out on this exceptional opportunity. Contact us today to arrange an inspection and take the next step toward a secure and lucrative investment future.
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.
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.18 km | 4 | 2 | -m2 | Year 2024 Month 11 Day 11 | $475,000 | Council approved | |
 | 0.49 km | 2 | 1 | -m2 | Year 2024 Month 11 Day 06 | - | Council approved | |
 | 0.33 km | 3 | 1 | -m2 | Year 2024 Month 10 Day 31 | $335,000 | Council approved | |
 | 0.46 km | 3 | 1 | -m2 | Year 2024 Month 10 Day 27 | $310,000 | Council approved | |
 | 0.19 km | 5 | 3 | -m2 | Year 2024 Month 10 Day 06 | - | Council approved |