Lot 22 - NDIS (SDA) Panorama Estate - Morwell
Morwell, City of Latrobe, VIC, 3840$ 884,255
Overview
Property ID: LA-8154
- Cashflow Positive
- Property Type
- 3+OOA
- Bedrooms
- 4
- Bathrooms
- 2
- Cars
- 223
Details
Updated on Nov 02, 2024 at 01:02 pm
Property Type: | Cashflow Positive |
---|---|
Price: | $ 884,255 |
Land Price: | $ 265,000 |
Build Price: | $ 619,255 |
Gross Per Week: | $ 2,521 |
Gross Per Annum: | $ 73,112 |
Gross Yield: | 14.83% |
Capital Growth 12 Months: | -5.41% |
Capital Growth 10 Year Annualised: | 7.36% |
Vacancy Rate: | 1.47% |
Property Size: | 223 m2 |
Land Area: | 770 m2 |
---|---|
Bedrooms: | 3+OOA |
Bathrooms: | 4 |
Parking: | 2 |
Title Status: | March 2025 |
Property ID: | 8154 |
SKU: | 1001 |
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 located in the Latrobe Valley region of Victoria, Australia.Morwell is situated approximately 149 kilometers east of Melbourne, the capital city of Victoria. It is part of the Latrobe City local government area.
The town and its surrounding area offer various recreational opportunities. The nearby Strzelecki Ranges and Tarra-Bulga National Park provide opportunities for bushwalking, picnicking, and wildlife viewing. The Hazelwood Pondage, a popular spot for fishing and water sports, is also nearby.
Morwell has several primary and secondary schools, both public and private, serving the educational needs of the local community. Federation University has a campus in nearby Churchill, providing tertiary education opportunities.
Morwell is accessible by road and rail. The Princes Freeway (M1) connects the town to Melbourne, and V/Line train services offer rail connections to Melbourne and other regional centers.
Morwell offers shopping facilities, including supermarkets, retail stores, and local markets. It has essential amenities such as banks, post offices, and various dining options.
Disclaimer*
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
Note: *Rental estimates are calculated using the 2024-2025 SDA Calculator - assuming 1 participant tenanted a 2+OOA property, and 2 participants for 3+OOA (please check the uploaded SDA Rental Estimate document)
All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.
Address
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Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.
Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.
Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.
SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.
This property is a single-contract property suitable for an SMSF.