19 Sinclair Avenue, Morwell, VIC 3840 | BlockOfUnits for sale | OnTheHouse
 
FOR SALE
$895,000

19 Sinclair Avenue
Morwell VIC 3840

Bedrooms: 5
Bathrooms: 3
Car spaces: -
Land area: 833m2
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Three Units, One Title, Outstanding Investment

An exceptional opportunity for investors to secure a fully renovated block of three units on one title, offering a projected 6% gross rental yield with no body corporate. Comprising two two-bedroom units and one one-bedroom unit, this low-maintenance investment is ideally positioned on Morwell's sought after South Side, just moments from the CBD, transport hub and everyday amenities, ensuring continued appeal to quality tenants. For buyers considering purchasing through their SMSF, this may represent one of the final opportunities under the current lending environment.
All three units are ready to lease with nothing further to spend. The upgrades include brand new kitchens, refreshed bathrooms and laundries, new flooring throughout, fresh neutral paintwork, new window furnishings, security doors and modern fixtures and fittings. With an expected combined rental return of $1,060 per week and all the benefits of owning three low maintenance dwellings on one title, this is a rare opportunity to secure a high performing investment with strong income from day one.
Keith Williams Real Estate ~ 85 Years In Real Estate
Note: All information on this listing has been provided to Keith Williams Real Estate Traralgon by third parties. This information should not be relied upon, and property buyers are advised to conduct their own due diligence before making a property purchase.
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Property Details for 19 Sinclair Ave, Morwell

19 Sinclair Ave, Morwell is a 5 bedroom, 3 bathroom BlockOfUnits. The property has a land size of 833m2. The place is currently for sale with Keith Williams Estate Agency.

Building Type
BlockOfUnits
Land Size
833m2
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About Morwell 3840

The size of Morwell is approximately 44.9 square kilometres. There are 31 parks, covering nearly 5.9% of the total area. The population of Morwell in 2016 was 13771 people. By 2021 the population was 14389 showing a population growth of 4.5% in the area during that time. The predominant age group in Morwell is 60-69 years. Households in Morwell are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Morwell work in a labourer occupation.In 2021, 62.00% of the homes in Morwell were owner-occupied compared with 61.70% in 2016.

Morwell has 9,462 properties. Over the last 5 years, Houses in Morwell have seen a 73.51% increase in median value, while Units have seen a 63.82% increase. As at 31 July 2026:

  • The median value for Houses in Morwell is $448,464 while the median value for Units is $367,677.
  • Houses have a median rent of $420 while Units have a median rent of $330.
There are currently 61 properties listed for sale, and 29 properties listed for rent in Morwell on OnTheHouse. According to Cotality's data, 690 properties were sold in the past 12 months in Morwell.

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Tyson Jenkin
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Keith Williams Estate Agency
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