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12 Haywood Street, Morwell VIC 3840

$425,000

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$425k - $446k Transparent Transparent Listing Based on an openly advertised listing price.

House 2 Beds 1 Bath 3 Cars 684 m²

Listed: 5 days ago

Updated: 12 hours ago

Overview

This investment property in Morwell offers immediate income security with a lease already in place, making it ideal for investors seeking a steady cash flow without the hassle of securing tenants post-purchase.

The property extends beyond a typical two-bedroom home by featuring a large garage and workshop space, providing practical advantages that enhance rental appeal and accommodate diverse needs such as hobbyists or those requiring additional storage or workspace.

The home's updated, easy-care design includes an open-plan living layout with connected kitchen and formal dining areas, promoting comfortable living and functional use of space. The kitchen benefits from modern gas cooking facilities and a pantry, while the bathroom has been refreshed for convenience.

Additional features such as built-in wardrobes in the bedrooms, split-system heating and cooling, and vehicle access to the rear add to the property's versatility and livability. The generous land size of 684 square meters offers potential for outdoor activities or future enhancements.

Situated with convenient access to local shops, schools, and public transport, this property presents an attractive long-term holding prospect for investors desiring a secure income, as well as an uncomplicated, well-appointed home with valuable extras.

Local Market Insights

In Morwell, Quiet Listings observed 29 new houses entering the market over the last 30 days, down from 74 during the previous 30-day period, with an average advertised asking price of $546,584. The property type mix of listed properties is predominantly Houses at 85%, followed by units (9%), and land (6%). The most active agency for houses in the Morwell area is currently Stockdale & Leggo, representing 38% of new listings, followed by McGrath Estate Agents with 17%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.