HOUSE AND LAND

$611,807

Co-living The Range Estate - Morwell

Latrobe Valley, Morwell, VIC, 3840,
3
3
595
0
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+61-477 007 785 sean@lewisproperties.com.au

Co-Living The Range Estate - Morwell

Latrobe Valley, Morwell, VIC, 3840,
$611,807.00( Total Price )

  • Bedrooms: 3
  • Bathrooms: 3
  • Land Size: 595 m²
  • Living Area: 158.63 m²
  • Car Garage: 0
  • Storeys: 1
Description

*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us*

Morwell is a town in the Latrobe Valley area of Gippsland, in South-Eastern Victoria, Australia approximately 149 km (93 mi) east of Melbourne.

It is both the seat of local government and administrative centre for the City of Latrobe.

The city is known for its role as a major energy production centre for Victoria as the centre of a major coal mining and fossil-fuel power generation industry.

Road transport and the motor vehicle is the main form of transport. The Princes Freeway (A1) bypasses the town to the south while the old Princes Highway which once passed through east–west through its centre is now Princes Drive and Commercial Road. The highway connects Morwell with other Latrobe Valley cities including Moe to the west and Traralgon to the east. Other main roads include the Strzelecki Highway (B460) running south toward Leongatha.

Rail transport includes both passenger rail and freight rail. The town's only station is Morwell railway station which is on the Bairnsdale line. Both the Traralgon V/Line rail service and the Bairnsdale V/Line rail service stop there with a two way hourly service. Travel time to Melbourne ranges from approximately 109 minutes during peak travel times.

General aviation operates from Latrobe Regional Airport which services the whole Latrobe Valley urban area.

 

Property Details:
  • Title Status: Registered
  • Floor Plan: Protea
  • Rental Yield: 5.10%
  • Weekly Rent: $600.00
Features:
  • Cashflow Positive
Detailed Property Specifications
Property Id: 9813
Location Details
Estate: Co - Living The Range Estate
Address: Latrobe Valley, Morwell, VIC, 3840,
Property Specifications
Property Type: House & Land
Land Size: 595 m²
Living Area: 158.63 m²
Bedrooms: 3
Bathrooms: 3
Garage: N/A
Storeys: 1
Floor Plan: Protea
Pricing Details
Land Price: $230,000.00
Build Price: $381,807.00
Total Price: $611,807.00
Property Status
Title Status: Registered
Build Time: N/A
Investment Details
Historical Growth: 0.00%
Weekly Rent: $600.00
Rental Yield: 5.10%
Rent-to-Sell Yield: 7.85%
Property Conditions
Reservation Requirements:
1. Completed EOI (Property Reservation form under Fusion CRM Online Forms)
2. Holding deposit receipt (amount TBA)
3. Copy of client's finance pre-approval letter/comfort letter from the broker
4. Copy of client's ID
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