Xcellerate Properties

Lot 115 - Heritage Boulevard - Morwell

Morwell , Latrobe Valley, VIC, 3840

Lot 115 - Heritage Boulevard - Morwell

Morwell , Latrobe Valley, VIC, 3840

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 Gippsland, 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.

Morwell has several educational institutions, including primary and secondary schools. Federation Training, a TAFE institute, provides vocational education and training in the area.The town is accessible by road and rail. The Princes Freeway (M1) runs through the region, connecting Morwell to Melbourne and other towns. The Morwell railway station provides train services on the Gippsland line.

Morwell has healthcare facilities, including the Latrobe Regional Hospital, which serves the broader Gippsland region. There are also medical centers, clinics, and allied health services.

Morwell offers parks, sports facilities, and recreational areas. Morwell National Park, located nearby, provides opportunities for outdoor activities such as hiking and picnicking.The region has been undergoing economic transition, particularly after the closure of the Hazelwood Power Station. Efforts have been made to diversify the local economy and focus on renewable energy initiatives.

 

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Location

  • Address:

  • State/County:

  • Morwell

  • VIC

  • City:

  • Zip:

  • Latrobe Valley

  • 3840

  • Area:

  • Country:

  • Morwell

  • N/A

Property Details

Property ID:

18847

Price:

$ 607,397.00

Land Price:

$ 240,000.00

Build Price:

$ 367,397.00

Gross Return:

$ 23,400.00

Gross Yield:

4.79%

Property Size:

178.09

Capital Growth 12 Months:

-1.89%

Capital Growth 10 Year Annualised:

7.49%

Vacancy Rate:

3.43%

Property Type:

House and Land

Property Status:

N/A

Weekly Rent:

$ 560.00

Rooms :

4

Bedrooms :

4

Study Rooms :

N/A

Bathrooms :

2

Garage :

2

Garage Size :

N/A

Storeys :

N/A

Title Status :

Q4 2024

Estate :

Heritage Boulevard Estate

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