Price Undisclosed

4 Bed  •  4 Bath  •  4 Car

Main view of Homely block of units listing, 1-4/11 Travers Street, Morwell VIC 3840
Floorplan of Homely block of units listing, 1-4/11 Travers Street, Morwell VIC 3840
Second view of Homely block of units listing, 1-4/11 Travers Street, Morwell VIC 3840
+26

Sold

1-4/11 Travers Street, Morwell VIC 3840

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Price Undisclosed

  • 4
  • 4
  • 4

Block of Units Sold on Fri 9 Jun, 2023

What's around Travers Street

Block of Units description

“Looking for potential?”

Who do you know looking for an investment opportunity to add value?

These units are a solid investment with plenty of potential. They are in walking distance to the Morwell CBD and have room to add another unit or two (STCA). All units are on one title.
Two units needs some work but the other two are already realising a return.

Unit 1: is fire damaged and needs a full internal cosmetic fit out.

Unit 2: needs a freshen up with the walls washed or a coat of paint, then it is ready to rent. Potential rental income is $200 - $220 per week. Updated kitchen with electric cooking & split system.

Unit 3: is rented to an amazing long term tenant with rent going up to $180 per week in June. Updated kitchen with electric cooking, timber boards & split system and is beautifully presented.

Unit 4: is rented to another fantastic long term tenant with rent going up to $180 per week in June. Updated kitchen with electric cooking, timber boards & split system and a good reliable tenant.

Other features include: brick carport, walking distance to town and room to value add with additional units (S.T.C.A.).
The potential earning of these units currently is estimated to be $800 - $880 per week so get ready to get busy and to enjoy some great returns.

For more information call Russell on 0499 150 313.

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