Outstanding Residential Development Site 6.77 Hectares / 16.73 Acres
Recently rezoned to Residential 1
Located within northern growth corridor of Morwell
Development concept plan for 96 residential lots (STCA)
Includes Public Open Space area
Substantial frontage of 240 metres to Latrobe Road
All services available
Flat to gently undulating in contour
Short term commercial lease with holding income of circa $14,500pa*
Morwell: second largest City in the Latrobe City region, 149 klms east of Melbourne
Friday 16th September 2011 @ 12pm (AEST)
Adam Thomas 0418 998 971
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
TRARALGON DEVELOPMENT OPPORTUNITY (STCA) - Surrounded by residential growth
- 18.3 hectares (45.22 acres) approx
- Dual zoning - majority being General Residential zone
- Part of the Traralgon North Development Plan
- 2 x dwellings
Position with a Big Future - On the edge of Traralgon's Commercial Precinct - Former Early Learning Centre - Site area 1997m2 with a 44.63m frontage to Franklin Street - Improvements comprise reception area, various offices, flexible open areas, kitchen and staff facilities - Scope for further extension (STCA) - Zoned 'Mixed Use'
58 Lots - Final Stages of Traralgons Premium Strand Estate. For Sale by Expression of Interest closing Tuesday 14th April, 12noon.
Opportunity to purchase the remaining stages of the highly acclaimed Strand Estate located just minutes to a major retail centre, schools, railway station and recreational facilities.
* 8.6Ha* site * 57 residential lots + child care site * Established wide tree lined estate entrance * Spacious landscaped reserves and parks * Permits approved ready to construct * Low development costs to complete
Crown Hotel - Fit For a King 5 year lease to March 2016, plus options through to 2031. Fixed 3% increases and to market at options. Established hotelier with good strong business. Lessee pays all usual outgoings as per lease. Central 1,068 sqm retail site over two titles, with dual retail frontage totaling 29 metres. Recently upgraded 850 sqm two level building including sports bar with TAB, bistro, popular alfresco area, drive-thru bottle shop plus first floor accommodation and residence. Future development potential retail shop / office / residential (STCA). Traralgon: Largest and fastest growing city in the greater La...