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228 Commercial Road
Morwell VIC 3840
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Sold on 2 Dec 2015

228 Commercial Road Morwell VIC 3840

  • Offices
  • 320 m²
  • Sold

Long Established Banking Chamber

Secure 10 year lease to 2021 plus options though to 2031.
Westpac Limited: 3rd largest ASX listed company with a
market cap rate of $102 billiion (August 2015).
Fixed annual 3% increases.
Lessee pays all usual outgoings including Land Tax.
Prime 320 sqm Commercial 1 site with 8.48 metre retail.
frontage and rear access.
Substantial 368 sqm building over two levels.
Central location amongst national traders including Harvey Norman.
Morwell: Central within Greater Latrobe Valley urban area.
(population 75,000+) regional hub of Gippsland.
145km east of Melbourne.
Rent: $56,821 pa (February 2016).

Auction 11am AEST Wednesday 16 September
River Room, Crown Casino Melbourne

AUCTION

Auction date and time16/09/2015 11:00
Auction locationCrown Casino

Property Highlights

Date Sold2 Dec 2015
Floor AreaAsk Agent
Land Area320 m²
ParkingAsk Agent
Property ID2012198298
Category
Last updated  15 Aug 2016
Map for 228 Commercial Road Morwell VIC 3840

Property Highlights

Date Sold2 Dec 2015
Floor AreaAsk Agent
Land Area320 m²
ParkingAsk Agent
Property ID2012198298
Category
Last updated  15 Aug 2016

Co-Agents

Raoul Holderhead
Raoul Holderhead
Burgess Rawson VIC Pty Ltd
Call
0413 860 304
Jim Demetrios
Jim Demetrios
Stockdale & Leggo La Trobe Valley
Call
0419 335 271
George Demetrios
George Demetrios
Stockdale & Leggo La Trobe Valley
Call
0413 776 303

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