1/5 Rebecca St, Mornington is a 7 bedroom, 3 bathroom Unit with 3 parking spaces. The property has a land size of 1012m2 and floor size of 111m2.
Positioned in Mornington area, this exceptional investment opportunity offers an approximate 11.2% gross return, making it a standout addition to any portfolio. Set on a generous 1,012m block, this well-maintained complex delivers both immediate income and long-term potential.The property features three units, each recently renovated, along with practical additions including three single covered carports, extra off-street parking, private individual courtyards, and a spacious communal yard complete with established fruit trees. Conveniently located within walking distance to the CBA and local amenities, the location further enhances its investment appeal.Unit 1 is the largest of the three, offering a spacious open-plan living area with split system air conditioning, brand-new flooring, and a modern kitchen equipped with electric cooking and ample storage. It comprises three generously sized, carpeted bedrooms, all with split systems and built-in wardrobes to the main. The oversized family bathroom includes a shower, bathtub, and separate toilet, complemented by an external laundry.Units 2 and 3 are mirrored in layout, each featuring a comfortable lounge area with split system air conditioning and a well-appointed modern kitchen with electric cooking and excellent bench and cupboard space. Unit 2 offers two newly carpeted bedrooms, both with built-in wardrobes and split systems. Unit 3 includes two tiled bedrooms with built-in wardrobes, with a split system to the main. Both units are serviced by a neat bathroom with shower and combined toilet, along with external laundries.With multiple income streams, recent upgrades, and a highly convenient location, this property presents a strong opportunity for investors seeking solid returns in a reliable market.To arrange a viewing, contact the team at City & Country Realty:Kieran Tully 0416 177 001Rachael Wilson 0467 076 756Property Code: 5887
The size of Mornington is approximately 1.0 square kilometres. There are 2 parks, covering nearly 9.8% of the total area. The population of Mornington in 2016 was 1764 people. By 2021 the population was 1846 showing a population growth of 4.6% in the area during that time. The predominant age group in Mornington is 30-39 years. Households in Mornington are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mornington work in a professional occupation.In 2021, 32.80% of the homes in Mornington were owner-occupied compared with 38.50% in 2016.
Mornington has 998 properties. Over the last 5 years, Houses in Mornington have seen a 10.72% increase in median value, while Units have seen a -35.35% decrease. As at 30 June 2026:
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