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Shop 2/32-34 Princes Drive
Morwell VIC 3840
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Sold on 24 Jun 2015

Shop 2/32-34 Princes Drive Morwell VIC 3840

  • Development / Land
  • 2,989 m²
  • Sold

High Yielding Retail Investment

Brand new 5 + 5 + 5 year lease.
Fixed annual 3% rent increases.
Lessee pays all usual outgoings.
Modern, versatile 1,083 sqm building with recent $250,000 upgrade.
Strategic highway 2,989 sqm commercial site with 13 on-site car spaces.
High exposure next to Chemist Warehouse and recently refurbished/extended long established McDonald's restaurant.
Morwell: Central within Greater Latrobe Valley urban area (population 75,000+) regional hub of Gippsland, 145km east of Melbourne.
Rent: $85,000 pa.

Auction 11am AEST Wednesday 24 June
River Room, Crown Casino, Melbourne

AUCTION

Auction date and time24/06/2015 11:00
Auction locationCrown Casino

Property Highlights

Date Sold24 Jun 2015
Floor AreaAsk Agent
Land Area2,989 m²
ParkingAsk Agent
Property ID2012015130
Category
Last updated  15 Aug 2016
Map for Shop 2/32-34 Princes Drive Morwell VIC 3840

Property Highlights

Date Sold24 Jun 2015
Floor AreaAsk Agent
Land Area2,989 m²
ParkingAsk Agent
Property ID2012015130
Category
Last updated  15 Aug 2016

Listed by

Raoul Holderhead
Raoul Holderhead
Burgess Rawson VIC Pty Ltd
Call
0413 860 304

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