Overview
Property ID: LA-22037
- Dual Key
- Property Type
- 3+1
- Bedrooms
- 2+1
- Bathrooms
- 2
- Cars
- 204
Details
Updated on Apr 02, 2026 at 04:48 pm
| Property Type: | Dual Key |
|---|---|
| Secondary Type: | N/A |
| Price: | $ 721,275 |
| Land Price: | $ 276,000 |
| Build Price: | $ 445,275 |
| Gross Per Week: | $ 730* |
| Gross Per Annum: | $ 37,960 |
| Gross Yield: | 5.26% |
| Capital Growth 12 Months: | 0.79% |
| Capital Growth 10 Year Annualised: | 7.18% |
| Vacancy Rate: | 1.25% |
| Property Size: | 204 m2 |
| Land Area: | 532 m2 |
|---|---|
| Bedrooms: | 3+1 |
| Bathrooms: | 2+1 |
| Parking: | 2 |
| Title Status: | 'Q4 2026 |
| Property ID: | 22037 |
| SKU: | 1056 |
Description
Positioned in the sought-after suburb of Morwell, this Dual Key offers a forward-looking investment opportunity. With 3+1 bedrooms, 2+1 bathrooms and 2 car spaces, it blends contemporary design with low-maintenance living. Its modern features appeal to today's market, while its location supports long-term value growth. Whether you're expanding your portfolio or stepping into property investment, It's well suited for future-ready buyers. A property that offers both confidence and opportunity.
Suburb profile:
Morwell is a popular location in VIC, offering livability and ongoing growth potential. Residents benefit from access to schools, shops and transport, supporting both lifestyle and rental demand. The area's amenities and planned development make Morwell attractive for investors and owner‑occupiers alike.
Inclusions:
- Full turnkey package including fencing, landscaping, driveway and letterbox
- Colour-on concrete driveway and paving to alfresco
- Front and rear landscaping with turf, plants, trees and irrigation system
- Split system air conditioning and gas ducted heating
- 20mm stone benchtops to kitchen
- 600mm stainless steel appliances including oven, cooktop, rangehood and dishwasher
- Laminate cabinetry with overhead cupboards
- Double bowl stainless steel sink with chrome mixer
- Floor coverings including laminate flooring, tiles and carpet throughout
- LED downlights and full electrical fit-out including NBN readiness
- Double glazed windows to meet 7 star energy rating
- Solar PV system and full insulation package
- Remote control Colorbond garage door
- Brick veneer construction with rendered facade elements
- Bathroom with freestanding bath, tiled shower bases, mirrors and chrome fixtures
- Laundry with cabinetry, trough and mixer tap
- Hot water system (heat pump or continuous flow depending on estate)
- 10 year structural warranty
Offering a blend of functionality, style and growth potential, this Dual Key in Morwell is designed to perform. Whether for investment or living, it provides lasting value in a competitive market. A property that meets both present and future needs.
Dual Key Properties stand as a prime choice for investors seeking innovative solutions to maximize their returns.
These properties are ingeniously designed to include two separate living spaces within one structure, allowing for dual rental income streams from a single investment.
This setup not only enhances the property's rental yield but also offers flexibility in tenant demographics, ranging from young professionals to small families.
The distinct separation of spaces ensures privacy while maintaining the potential for a communal lifestyle, catering to the modern tenant's desire for adaptable living arrangements.
Disclaimer*
All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.
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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.
SMSF Single Contract