1-4/28 Elgin Street

Units 1-4 / 28 Elgin Street, Morwell

Located in the heart of Morwell on the fringe of the CBD, within walking distance to shops and train station ensures this block of recently renovated units represents a standout opportunity for the astute investor while being situated on an approximate 1011m2 allotment.

Each of the 4 units are currently rented offering a combined annual income of $67,340, this property offers exceptional yield with secure tenancies in place. An excellent opportunity for investors seeking a high yield (approximately 6.75%) while all the hard work has been completed with recent improvements made to the entire complex.

Units 1 & 2 :
- One bedroom with built in robes
- Oversized lounge with split system heating & cooking
- Kitchen / dining includes ample bench space, electric cooking and plenty of cupboard storage
- Bathroom includes step in shower and large vanity
- Great sized separate laundry
- Off street parking
- Both leased at $290 per week

Unit 3:
- Two bedrooms both including built in robes
- Oversized lounge with split system heating & cooking
- Kitchen / dining includes ample bench space, electric cooking, plenty of cupboard storage & dishwasher
- Bathroom includes step in shower and large vanity
- Great sized separate laundry
- Large rear yard with locked storage facility
- Off street parking
- Leased at $335 per week

Unit 4:
- Three bedrooms including built in robes
- Oversized lounge with split system heating & cooking
- Kitchen includes ample bench space, electric cooking, plenty of cupboard storage & dishwasher
- Separate dining with access to balcony
- Bathroom includes step in shower and large vanity
- European laundry
- Garage with remote entry & access to a good sized rear yard
- Leased at $380 per week

For additional information or to arrange an inspection contact Anthony Bloomfield on 0455 303 750.