Lot 22 Road R-1, Morwell VIC

Latrobe Valley, VIC, 3840

$ 666,800

Latrobe Valley, VIC, 3840
Lot 22 Road R-1, Morwell VIC-0
Lot 22 Road R-1, Morwell VIC-1
Lot 22 Road R-1, Morwell VIC-2
Lot 22 Road R-1, Morwell VIC-3
Lot 22 Road R-1, Morwell VIC-4

Property Images

Lot 22 Road R-1, Morwell VIC-0 Lot 22 Road R-1, Morwell VIC-1 Lot 22 Road R-1, Morwell VIC-2 Lot 22 Road R-1, Morwell VIC-3 Lot 22 Road R-1, Morwell VIC-4

Overview

Property ID: LA-10117

  • Co-Living
  • Property Type
  • 4
  • Bedrooms
  • 3.5
  • Bathrooms
  • 2
  • Cars
  • 206

Details

Updated on Jan 21, 2025 at 03:39 pm

Property Type: Co-Living
Price: $ 666,800
Land Price: $ 265,000
Build Price: $ 401,800
Gross Per Week: $ TBA
Gross Per Annum: $ TBA
Gross Yield: TBA%
Capital Growth 12 Months: 0.79%
Capital Growth 10 Year Annualised: 7.18%
Vacancy Rate: 1.25%
Property Size: 206 m2
Land Area: 770 m2
Bedrooms: 4
Bathrooms: 3.5
Parking: 2
Title Status: March 2025
Property ID: 10117
SKU: 1029

Description

This property in Panorama Estate offers a 770m2 lot with a north-facing orientation. The house design includes four bedrooms, 3.5 bathrooms, and a spacious total house area of 206.32m2. It features a modern, energy-efficient design with premium inclusions and turnkey landscaping, ensuring convenience and quality for homeowners or investors.

Suburb profile:

Morwell, situated in the Gippsland region of Victoria, is a developing suburb known for its family-friendly environment, local amenities, and access to schools, parks, and shopping centers. Its regional location provides a mix of suburban and semi-rural living, appealing to a diverse range of residents.


Site Inclusions - Site Works, Foundations & Connections:

  • Fixed price site costs, including rock excavation.
  • Engineered waffle slab.
  • All service connections (excluding consumer account setup).

Preliminary Inclusions:

  • All required permits.
  • Independent quality inspections.
  • 3-month maintenance period.

Internal Inclusions:

  • Timber laminate flooring to entry and living areas.
  • Carpet to remaining areas.
  • 2590mm ceiling height.
  • 2040mm flush panel doors.
  • Fully painted interior with a 3-coat system.

External Inclusions:

  • Colorbond fascia, gutter, and downpipes.
  • Brickwork with natural color mortar and rolled joints.
  • Painted infills above doors and windows.

Landscaping Inclusions:

  • Turf, plants, mulch, and toppings to front and rear yards.
  • Timber fencing, including wing fence and gate.
  • Nature strip leveled and seeded.

Electrical Inclusions:

  • LED downlights throughout.
  • Gas ducted heating.
  • Split system air conditioning to main living areas.

Appliance Inclusions:

  • 900mm stainless steel upright cooker and rangehood.
  • Stainless steel dishwasher.
  • Caesarstone benchtops in the kitchen and bathrooms.

Upgraded Inclusions:

  • Semi-framed shower screens.
  • Polished edge mirrors to vanities.

Energy Efficiency:

  • 7-star energy rating.
  • Solar hot water system with gas booster.

Warranties:

  • Homeowners warranty.
  • 10-year structural warranty.


This fully turnkey property in Panorama Estate is ideal for families and investors, offering a spacious and modern design with comprehensive inclusions. Its energy-efficient construction and premium features ensure long-term value.

A co-living property is a type of shared accommodation that offers private bedrooms with ensuite bathrooms and communal spaces such as kitchens, living rooms, dining areas, laundry facilities and outdoor areas.

Co-living properties are designed to foster a sense of community, convenience and comfort among the residents, who can enjoy the benefits of having their own space as well as socialising with like-minded people.

A co-living property attracts tenants who are looking for an affordable, flexible and hassle-free living option that suits their lifestyle and needs.

Co-living tenants are typically young professionals, students, digital nomads, entrepreneurs, creatives and seniors who value convenience, connectivity and collaboration.

A co-living property offers benefits to an investor who is looking for a high-yield, low-risk and future-proof investment opportunity.

Co-living properties have a higher occupancy rate, lower vacancy rate and lower turnover rate than traditional rental properties, as they cater to the growing demand for affordable and flexible housing solutions in urban areas.

Co-living properties also have higher capital growth potential, as they are generally located in prime locations with access to transport, education, employment and entertainment hubs.

You can read more about Co-Living here: https://ausinvestmentproperties.com.au/blogs/co-living-the-future-of-australian-housing

Disclaimer*

All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.

Address Lot 22 Road R-1, Morwell VIC
City Latrobe Valley
State VIC
Postcode 3840
Suburb N/A

Similar Listings

Co-Living
  • $ 649,720
Gross Return
$ 48,256
Gross Yield
8.00%
Capital Growth
0.00%
Vacancy Rate
15.77%

Lot 905 - Co-Living Conroys Green Estate - Wint...

Winter Valley, Ballarat, VIC, 3358
  • 5 Bedrooms
  • 3 Bathrooms
  • 2Cars
Co-Living
Co-Living
  • $ 640,200
Gross Return
$ 48,256
Gross Yield
8.00%
Capital Growth
0.00%
Vacancy Rate
15.77%

Lot 929 - Co-Living Conroys Green Estate - Wint...

Winter Valley, Ballarat, VIC, 3358
  • 5 Bedrooms
  • 3 Bathrooms
  • 2Cars
Co-Living
Featured
Co-Living Rental Guarantee
  • $ 890,000
Gross Return
$ 91,000
Gross Yield
10.22%
Capital Growth
5.90%
Vacancy Rate
3.16%

Lot A Bonshaw VIC

Ballarat, VIC, 3352
  • 5 Bedrooms
  • 5 Bathrooms
  • 2Cars
Co-Living
Featured
Co-Living Rental Guarantee
  • $ 890,000
Gross Return
$ 91,000
Gross Yield
10.22%
Capital Growth
0.00%
Vacancy Rate
15.77%

Lot A Winter Valley VIC

Ballarat, VIC, 3358
  • 5 Bedrooms
  • 5 Bathrooms
  • 2Cars
Co-Living

Sold Listings

Featured
Co-Living SMSF Single Contract Rental Guarantee
  • $ 760,240
Sold
Gross Return
$ 65,000
Gross Yield
8.55%
Capital Growth
6.78%
Vacancy Rate
4.55%

Lot S529 Bridge Road, Melton South VIC

Melbourne, VIC, 3338
  • 5 Bedrooms
  • 5 Bathrooms
  • 2Cars
Co-Living
Featured
SMSF Single Contract Co-Living
  • $ 665,620
Sold
Gross Return
$ 46,800
Gross Yield
7.03%
Capital Growth
6.78%
Vacancy Rate
4.55%

Lot S510 Pintail Drive, Melton South VIC

Melbourne, VIC, 3338
  • 3 Bedrooms
  • 3 Bathrooms
  • 1Cars
SMSF Single Contract
Featured
Co-Living SMSF Single Contract
  • $ 786,870
Sold
Gross Return
$ 78,000
Gross Yield
9.91%
Capital Growth
6.78%
Vacancy Rate
4.55%

Lot S515 Pintail Drive, Melton South VIC

Melbourne, VIC, 3338
  • 5 Bedrooms
  • 5 Bathrooms
  • 2Cars
Co-Living
Featured
Co-Living
  • $ 793,000
Sold
Gross Return
$ 54,080
Gross Yield
6.82%
Capital Growth
6.16%
Vacancy Rate
5.28%

Oski Street, Wyndham Vale VIC (4 beds)

Melbourne, VIC, 3024
  • 4 Bedrooms
  • 4 Bathrooms
  • 2Cars
Co-Living

ENQUIRE ABOUT THIS PROPERTY

Why Buy With Aus Investment Properties?

  • Dedicated In-house Project Manager.
  • High-yielding properties.
  • Independent rental assessment.
  • Full turnkey properties, 'Ready to Rent'.
  • Brand new properties with builders warranty.
  • High quality, highly specified properties.
  • Tax and depreciation benefits from new properties.
  • Buy direct from the builder.
  • Investor or SMSF.
Buy Property Banner

Search 1000'S Of Off-Market Investment Properties!

SQM Research Logo

SQM Research is an investment research house that specialises in providing accurate research and data to financial institutions, investment professionals and investors.

Aus investment Properties has partnered with SQM Research to provide data across our site to assist investors in making an informed decision.

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.

Compare listings

Compare