140 Mary St, Morwell is a 7 bedroom, 4 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 815m2 and floor size of 47m2. While the property is not currently for sale or for rent, it was last sold in March 2025.
This is a unique opportunity to own your very own high yielding investment in this well maintained unit complex close to central Morwell.Comprising 4 units consisting of 1 x 3 bedroom, 1 x 2 bedroom and 2 x 1 bedroom units, the complex provides diverse accommodation options for the astute investor.Currently returning $56,960 per year with potential increases via lease renewals, this complex presents great investment opportunity including the option of a high yielding superannuation fund investment.The two bedroom unit located at the front is weatherboard whilst the other units are brick veneer. Price indicator $675,000 - $725,000. Call Graeme now on 0407 512 455 to arrange an inspection.
The size of Morwell is approximately 44.9 square kilometres. It has 31 parks covering nearly 5.9% of 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 9,473 properties. Over the last 5 years, Houses in Morwell have seen a 82.39% increase in median value, while Units have seen a 77.92% increase. As at 30 April 2026:
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