$111,500

2 Bed  •  1 Bath  •  2 Car  •  725m²

Main view of Homely house listing, 8 Polden Avenue, Morwell VIC 3840
Floorplan of Homely house listing, 8 Polden Avenue, Morwell VIC 3840
Second view of Homely house listing, 8 Polden Avenue, Morwell VIC 3840
+5

Sold

8 Polden Avenue, Morwell VIC 3840

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$111,500

  • 2
  • 1
  • 2
  • 725m²

House Sold on Thu 3 Dec, 2015

What's around Polden Avenue

House description

“Brilliant Investment Opportunity, Unbelievable Price”

Currently tenanted and returning $160 per week on a secure tenancy, this little gem of a home site on a huge 725m2 block and is ideally situated in close to the Eric Lubcke Yarra Gum Reserve in Morwell. Built in 1948 the home offers:
* 2 bedrooms with BIR'S serviced by one bathroom.
* A generous lounge with a gas heater and split system air conditioning
At this price, the return on offer sits at approximately 6.5% to 7% and the property offer the lucky purchaser the opportunity to further develop the block into the future. This is a cheap, easy way to invest in a rising market, without any worries about finding a tenant. Don't hesitate to book an inspection as opportunities like this are rare and don't last long.

Land details

Area: 725m²

Interactive media & resources

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Pakenham Office

OBrien Real Estate - Pakenham

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8 Polden Avenue, Morwell VIC 3840
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