10 Olivia Street, Morwell, Vic 3840

$449,000

House
Type
2
Bedrooms
2
Bathrooms
2
Parkings
906 mΒ²
Area

Published on Monday, September 21, 2026 ( See property details for 10 Olivia Street, Morwell, Vic 3840)

$449,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A well-maintained, updated home on a generous block with extensive shedding and secure tenants, ideal for investors seeking reliable income and versatile storage options.

🏑 Property Highlights

  • Impressive shedding with three separate sheds, including a large workshop
  • Secure tenancy in place until December 2026 generating $350 per week
  • Updated interior with modern kitchen and spacious living areas
  • Two generous bedrooms with built-in robes, including a master with ensuite
  • Split-system heating and cooling for year-round comfort
  • Large 906 m² block with a spacious backyard

✨ Key Features

  • Built-in Robes
  • Ensuite
  • Open-Plan Living
  • Heating
  • Split-system Heating and Cooling
  • Shed
  • Workshop
  • Garage / Secure Parking
  • Outdoor Area
  • Fully fenced
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10 Olivia Street
Morwell, VIC 3840
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Vertical aerial view β€” 10 Olivia Street
10 Olivia Street — Vertical Aerial  •  Morwell, VIC 3840  •  Nearmap © 2026

Morwell is a vibrant suburb offering excellent amenities, convenient access to local shops and services, a strong community atmosphere, affordable housing options, and proximity to natural parks and recreational facilities, making it an ideal location for both investors and families seeking a comfortable lifestyle.

What is the current rental income and lease duration?
The property is currently leased at $350 per week until December 2026, providing a reliable income stream for investors.
Are there any recent renovations or updates to the property?
Yes, the interior has been updated, including a modern kitchen and spacious living areas, enhancing comfort and functionality.
What is the condition of the sheds and workshop?
The sheds are in good condition, with the largest shed measuring approximately 8.0m x 6.2m, suitable for vehicles, tools, or additional storage.
Is the property suitable for future development or expansion?
The large 906 mΒ² block offers potential for further development or landscaping, subject to council approvals.
What amenities are nearby?
Morwell offers a range of local shops, schools, parks, and recreational facilities, all within easy reach of the property.
Are there any zoning restrictions or easements affecting the property? Has the property been inspected for any structural issues or pests? Are there any upcoming planning or development projects in the area that could impact the property? What are the council rates and ongoing maintenance costs? Is there any history of flooding or bushfire risk in this location? Are there any strata or body corporate fees applicable if applicable? Are there any restrictions on the use or modifications of the sheds? What is the history of the property's compliance with building codes? Are there any planned upgrades or repairs needed in the near future? Is the property connected to all essential services and utilities?

10 Olivia Street, Morwell, Vic 3840 - More Details

$449,000

Offering comfortable living, an updated interior and an impressive amount of shedding, 10 Olivia Street presents a great opportunity for investors looking to secure an already tenanted property in Morwell.

Inside, the home features two generous bedrooms with built-in robes, including a spacious master with its own ensuite. The updated kitchen connects with the dining and living areas, creating a practical everyday layout, while split-system heating and cooling provides year-round comfort.

Outside is where this property really stands out, with a spacious backyard and three separate sheds, including substantial workshop and storage space – ideal for anyone needing room for vehicles, tools or additional storage.

Property highlights:
-Two generous bedrooms with built-in robes
- Master bedroom with ensuite
- Two bathrooms
- Updated kitchen with ample bench and storage space
- Spacious living area
- Split-system heating and cooling
- Generous backyard
- Three separate sheds
- Largest shed approximately 8.0m x 6.2m
- Additional sheds approximately 7.6m x 3.6m and 2.9m x 4.0m
- Currently leased at $350 per week until December 2026

With a secure tenancy already in place and an amount of shedding that's hard to find at this end of the market, 10 Olivia Street is a practical investment with plenty to offer.
Type
House
Bedrooms
2
Bathrooms
2
Parkings
2
Area
906 mΒ²

Price guide

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