Positioned on a generous 762sqm block, 38 Morgan Way presents an outstanding opportunity to secure a completely renovated 3-bedroom, 1-bathroom home in a regional location with strong rental appeal and an established economic base.
From the moment you step inside, it is clear that the hard work has already been done. The home has been completely renovated, offering a fresh, modern feel while retaining the practicality and space that make regional properties so appealing. With nothing major left to do, this is a genuine buy-and-hold opportunity ready to generate an income from day one.
Currently leased at $330 per week, the property also comes with a rental appraisal of approximately $420 per week, highlighting the potential for significant rental growth. For investors, the combination of a sizeable landholding, renovated dwelling and strong rental demand makes this a compelling addition to a portfolio.
For owner-occupiers, the home offers an affordable and comfortable family lifestyle, with three well-sized bedrooms, functional living areas and plenty of outdoor space on the substantial block.
Located within a tourism gateway, the area benefits from ongoing visitor activity, local employment and a diverse regional economy. Whether you're searching for a family home, a first investment or a property with strong cash-flow potential, this is an opportunity worth serious consideration.
38 Morgan Way is renovated, leased, land-rich and ready to go - a genuine regional investment opportunity with plenty of upside.
Key Features:
- 762sqm generous block
- Completely renovated 3-bedroom, 1-bathroom home
- Currently leased at $330 per week
- Rental appraisal of approximately $420 per week
- Strong regional rental & tourism-driven economy
- Excellent family home or investment opportunity
Call Abdullah Al Nour and Shivam Valdi for more information today!
Disclaimer: All information contained has been prepared for advertising and marketing purposes only and is not intended to form part of any contract. Whilst every effort is made for the accuracy of this information, which is believed to be correct, neither the Agent nor the client nor employees of both, guarantee their accuracy and accept no responsibility for the results of any actions taken, or reliance placed upon this document. Interested parties should make enquiries and rely on their personal judgement to satisfy themselves in all respects.
This property at 38 Morgan Way, Morgantown is a three bedroom, one bathroom house listed for sale by Shivam Valdi and Abdullah Al Nour at Minic Property Group.
For more information about Morgantown, including sales data, facts, growth rates, nearby transport and nearby shops, please view our Morgantown profile page.
If you would like to get in touch with Shivam Valdi or Abdullah Al Nour regarding 38 Morgan Way, Morgantown, please call Shivam on 0420 310 802 or call Abdullah on 0414 585 120, or contact the agent via email.
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.