Extremely Rare Three Dwelling Opportunity

Three properties on one title being made up of 135 Comans Street, Morwell, 3 McMillan Street, Morwell and 5 McMillan Street, Morwell. You don’t come across this very often, to the keen investor looking for a great opportunity for cashflow, this will definitely tick a lot of boxes.
– The house consists of three bedrooms, one bathroom and large under roof line, great opportunity to value add and currently leased for $270 per week.
– 5 McMillan Street currently leased for $220 per week, the unit is a one bedroom, one bathroom property, split system air conditioning and neatly renovated.
– 3 McMillan Street currently leased for $260 per week, the unit is a one bedroom, one bathroom property, split system air conditioning and also neatly renovated.
With a 6.5% return with potential to renovate and increase that total rental yield this is a very exciting opportunity in the thriving town of Morwell.

Property Features
  • House
  • 5 bed
  • 3 bath
  • 3 Parking Spaces
  • Land is 801 m²
  • 3 Carport
Price Guide
Comparable Sales
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Alan Whitty
Property Consultant
0407 003 944
Matt Fava
Property Consultant
0488 007 245