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15 - 19 Garden Street
Morwell VIC 3840
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Sold on 23 Jul 2019

15 - 19 Garden Street Morwell VIC 3840

  • Factory, Warehouse & Industrial
  • 1,181 m²
  • Sold

High Yielding Investment - circa 7.33% Net

- New 5 year lease commenced 1st February, 2019 with 2 further 5 year options
- Current rent $73,000 per annum with 1.5% fixed annual increases
- Tenant pays all usual outgoings
- 3 titles located within a well established industrial estate
- Industrial 3 Zoning (IN3Z)
- Site area 3,020m2*, comprising 2 x industrial factories, one including reception, display area, office and staff amenities
- Total building area 1,181m2*

Tenant: Latrobe Valley Bandag: provide Tyre Retreading, Recapping, Tyre Sales and Servicing. Business has operated since 1979 in this location.

*approx.

Property Highlights

Date Sold23 Jul 2019
Floor Area1,181 m²
Land Area3,020 m²
ParkingAsk Agent
Property ID2015402491
Category
Last updated  27 Aug 2019
Map for 15 - 19 Garden Street Morwell VIC 3840

Property Highlights

Date Sold23 Jul 2019
Floor Area1,181 m²
Land Area3,020 m²
ParkingAsk Agent
Property ID2015402491
Category
Last updated  27 Aug 2019

Listed by

Ben Wilson
Ben Wilson
Wilson Property
Call
0412 525 542

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