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172 Commercial Road
Morwell VIC 3840
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Sold on 6 Feb 2023

172 Commercial Road Morwell VIC 3840

  • Shop & Retail
  • 290 m²
  • Sold, $500,000

For Sale / Blue Chip National Tenant

    Perfect opportunity to invest in a landmark property currently let to a secure National Tenant. The building is of approx. 240sqm housing 'Subway' Franchise and approx. 50sqm of upstairs floor space on an allotment of approx. 420sqm plus on site rear car parking. Great exposure good foot traffic and zoned Commercial 1. Currently returning $23,805 per annum + GST and all outgoings on a 5 year lease commences 15/01/2019 with 3 further options of 5 years and increases of 3.5% annually.

    Property Highlights

    Date Sold6 Feb 2023
    Sold Price$500,000
    Floor Area290 m²
    Land Area420 m²
    ParkingAsk Agent
    Property ID2018267463
    Category
    Last updated  6 Feb 2023
    Map for 172 Commercial Road Morwell VIC 3840

    Property Highlights

    Date Sold6 Feb 2023
    Sold Price$500,000
    Floor Area290 m²
    Land Area420 m²
    ParkingAsk Agent
    Property ID2018267463
    Category
    Last updated  6 Feb 2023
    27-29 Franklin Street Traralgon VIC 3844

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