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Parkside Investment with Immediate Rental Return!
31/24 Morrit Way, Parmelia
Positioned directly opposite a peaceful park, this well-maintained unit complex offers a quiet and convenient lifestyle in a sought-after setting. Featuring a private balcony, it's the perfect spot to unwind and enjoy some fresh air after a busy day.
This neat and well-presented 2-bedroom unit represents an excellent investment opportunity, currently tenanted at $480 per week, providing immediate rental income from day one, or alternatively for a shrewd buyer to occupy. This unit has neutral colours, and the appearance is fresh, clean and bright and in good condition.
Whether you're looking to expand your investment portfolio or secure an affordable property with strong rental appeal, this is an opportunity not to be missed.
Act quickly! Contact Lorenzo Devincentis on 0459 995 692 today to arrange further information and make this quality investment yours.
Features include:
- 2 spacious bedrooms
- Well-presented and low-maintenance interiors
- Private balcony overlooking the park
- Quiet, well-kept complex
- Currently leased at $480 per week
- Excellent addition to any investment portfolio
- Convenient location close to local amenities, transport and parks
- Rent can be reviewed on 1 May 2027
Strata Fees: $1,440.00 per quarter.
Water Rates: $875.22 Approx..
Council Rates: $1,965.70 Approx..
Property features
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Air conditioned
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Gas connected
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Carports
1
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Toilets
1
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Floor area
68m2
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Balcony
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Sewer connected
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RCDs/smoke alarms
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Electric HWS
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Kitchen
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Lounge/dining
Property snapshot by reiwa.com
This property at 31/24 Morrit Way , Parmelia is a two bedroom, one bathroom unit listed for sale by Lorenzo Devincentis at Sara Muir Real Estate.
For more information about Parmelia, including sales data, facts, growth rates, nearby transport and nearby shops, please view our Parmelia profile page.
If you would like to get in touch with Lorenzo Devincentis regarding 31/24 Morrit Way, Parmelia, please call 0459 995 692 or contact the agent via email.
Cost breakdown
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Council rates: $1,965 / year
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Water rates: $875 / year
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Strata fees: $1,440 / quarter
Nearby schools
Parmelia overview
Are you interested in buying, renting or investing in Parmelia? Here at REIWA, we recognise that choosing the right suburb is not an easy choice.
To provide an understanding of the kind of lifestyle Parmelia 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.
Parmelia quick stats
High end
$785k
Median
$740k
Low end
$680k
This listing
23.3 %
Annual growth
$740k
Annual median sales price
$600pw
Annual median rental price
