57 Comans Street

A Rare Dual-Occupancy Opportunity in a Convenient Morwell Location

Introduction
Offering versatility, space and an attractive rental return, 57A & 57B Comans Street, Morwell presents a fantastic opportunity for investors seeking a dual-occupancy property with two separate residences on one generous 756m² block. Featuring a spacious three-bedroom brick home and a connected one-bedroom unit, this unique property provides two income streams, making it an appealing addition to any investment portfolio. With both residences currently tenanted and returning a combined $650 per week, this is an opportunity not to be missed!

Property Features
Main Residence - 57A Comans Street
• Three spacious bedrooms, all complete with built-in robes
• Dedicated study, ideal for working from home
• 1 Bathroom with an extra shower in laundry area
• Great-sized kitchen with adjoining dining area and walk-in pantry
• Generous living area featuring split-system heating and cooling
• Undercover outdoor entertaining area
• Good-sized laundry
• Single carport, plus a separate garage
• Currently rented for $350 per week

Connected Unit - 57B Comans Street
• One bedroom with built-in robes
• Private ensuite incorporating laundry facilities
• Great-sized kitchen with adjoining dining area
• Separate living area with split-system heating and cooling
• Additional sunroom, offering extra space and versatility
• Single carport
• Currently rented for $300 per week

Investment & Location Highlights
• Generous 756m² block
• Combined rental income of $650 per week, totalling $33,800 per annum
• Council rates and water service charges approximately $1,980 per year
• Landlord insurance approximately $1,000 per year
• Water usage paid by the landlord, approximately $2,200 per year
• Separate electricity and gas meters, with tenants responsible for their own usage
• One water meter servicing the property
• Public transport within walking distance
• Leisure centre conveniently located within walking distance
• Only a short drive to Morwell's shops, schools, cafes and other local amenities

Conclusion
Dual-occupancy properties offering this level of flexibility and established rental income are rarely available. Whether you're looking to expand your investment portfolio or secure a property with two income-producing residences, 57A & 57B Comans Street, Morwell is well worth your inspection. With both residences currently leased and a combined return of $650 per week, opportunities like this don't come around often " don't wait to see this one!