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10 George Street, Morgantown WA 6701

Sold price: $760,000 Sold: 09 Apr 2024
Sold
  • 12 Bedrooms
  • 6 Bathrooms
  • Landsize 1,822m2
Unit
10 George Street, Morgantown WA 6701

"Six Units Showing Great Returns"

Presenting a rare opportunity to secure a set of six units in a fantastic position, simply stroll across the road to Town Beach and the lovely Carnarvon Fascine.

All six units are currently tenanted with great tenants who keep the units in pristine condition and have indicated they are keen to stay.
Current rental returns per week combined: $1,745.00

The Units:
There are six brick veneer units in total, all units are two-bedroom, one bathroom. Comprising of neat kitchen, lounge/dining and bathrooms with vanity and shower. They are all tiled throughout with air conditioning. Some of the units have a small room at the rear – great for extra storage. All units have an electric hot water system in good working order. With small front gardens and rear gardens.

Three of the units present on the George Street side, with the other three units presenting on Norton Way, each with its own frontage.
There is ample car parking space on the 1822m2 block.

The Location:
Set in a prime position with one frontage on George Street and one frontage on Norton Way. The property is located within easy walking distance to Woolworths, Carnarvon Boulevarde, Carnarvon Medical Centre, GMF Units and the Carnarvon Daycare Centre. Stroll across the road to Town Beach, Kids Playground, Kiosk Cafe and the beautiful Carnarvon Fascine.

The Options:
Four of the tenants are on fixed rental tenancies, two tenants are on periodical tenancies. There are options to increase the rent with newly fixed tenancies.
The units are al currently in good condition, this would be a perfect location for re-development and new buildings in the distant future.
Inspections: As all units are tenanted, we have arranged for set access times for viewings throughout the campaign period. Please call Lauren on 0439 689 089 to register your interest in a viewing.

Property features:
- Brick veneer construction
- Tin roof
- Six – two-bedroom, one-bathroom units
- Combined lounge and dining
- Neatly tiled bathrooms
- Electric hot water systems
- Ample car parking space
- Two big frontages – each 29.8m2
- Deep sewered
- Zoned R35
- Total land area: 1,822m2
- Walk to the beach
- Walk to town centre
- Water Rates Approx: $6,683.68
- Shire Rates Approx: $9,472.43

More Information:
For further information, copies of documents and leases please call Lauren to have the information emailed.

Property features

  • Air conditioned  

Property snapshot by reiwa.com

This property at 10 George Street, Morgantown is a twelve bedroom, six bathroom unit sold by Lauren Scott at Elders Real Estate on 09 Apr 2024.

Looking to buy a similar property in the area? View other twelve bedroom properties for sale in Morgantown or see other recently sold properties in Morgantown.

Nearby schools

0.5km
Carnarvon Christian School (Inc)
  • Primary
  • Non-government
0.6km
0.6km
St Mary Star Of The Sea College
  • Combined
  • Non-government
Disclaimer

Morgantown overview

Are you interested in buying, renting or investing in Morgantown? Here at REIWA, we recognise that choosing the right suburb is not an easy choice.

To provide an understanding of the kind of lifestyle Morgantown offers, we've collated all the relevant market information, key facts, demographics and statistics to help you make a confident and informed decision.

Our interactive map allows you to delve deeper into this suburb and locate points of interest like transport, schools and amenities. 

Morgantown quick stats

High end $350k
Median $275k
Low end $210k
30.7 %
Annual growth
$275k
Annual median sales price
$250pw
Annual median rental price

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FAQ's

The average number of selling days in Morgantown is 34 days.

10 George Street, Morgantown was sold by Lauren Scott at Elders Real Estate.

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