142-144 Commercial Road
Excellent long term tenants
Current rental - $42,206 per annum + outgoings + GST - 3% annual increases
Lease term 5 years x 5 years
Building area approx. 340sqm
Parking at rear
146 Commercial Road
Commercial freehold with excellent tenants
Current rental - $31,856 per annum + Outgoings + GST - 2% annual increases
Lease term 1 year x 1 year
Building area approx. 120sqm
Parking at rear
Total Rental - $74,062 per annum + Outgoings + GST
Currently showing a 6.1% net return
Well situated in the Morwell CBD Main Street location opposite Latrobe City Council Offices and within close proximity of the Legal Precinct and Art Gallery.
These properties have an outstanding rental history.