House for Sale  •  365+ days on Homely
$200,000 - $210,000
Contact agent
Rennie Property Sales
219 Commercial Road Morwell, Vic 3840
No Reviews

Close in Investment - Develop and Reap the Rewards

23 Madden Street, Morwell, VIC 3840

3 bed1 bath2 car
Situated on large block (approx. 940m2) in quiet residential street and only 4 blocks from the train station this property has an excellent rental history and is ideal as is OR perfect for the developer looking to subdivide or develop.

New tenancy with lease in place at $260 per week until October 2020 .
This shows a gross Rental return of approx. 6.5% - make your money work harder for you. Invest today.

The living zone ( living room and dining room) face north and have lovely hardwood timber flooring. Electric heating and a split system provide added comforts. The kitchen has been upgraded - complete with dishwasher, dual fuel cooking and plenty of storage. The bathroom has also been fully renovated and features a lovely free standing bathtub, separate shower, vanity and separate toilet. The three bedrooms have timber flooring and excellent natural light.

Externally there is an enclosed porch, double carport and utility shed. The back yard is huge and holds so much potential.

View Statement Of Information

Property location

Main details

Price:$200,000 - $210,000Address:23 Madden StreetSuburb:MorwellPost Code:3840Type:HouseBedrooms:3Bathrooms:1Car Spaces:2External Link:View

Indoor Features

Air ConditioningAir Conditioning

Outdoor Features

Fully FencedFully Fenced
Entertaining AreaEntertaining Area

Additional Features


Schools in and around Morwell

1.1km from propertyPrimaryPublicNon-Denominational
1.1km from propertySecondaryPublicOther
  • Address:3 Harold Street, Morwell, VIC 3840
  • Principal:Christopher Joustra
1.4km from propertyPrimaryPrimaryCatholic
2.0km from propertyPrimaryPrivateCatholic
2.2km from propertyPrimaryPublicNon-Denominational