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31-39 Catherine Street
Morwell VIC 3840
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Sold on 18 Dec 2020

31-39 Catherine Street Morwell VIC 3840

  • Factory, Warehouse & Industrial
  • 1,500 m²
  • Sold

Well Established Logistics & Food Distribution Centre - Yield 8.24% Net

- Long term tenant, PFD Food Services P/L, Australia's largest privately owned foodservice network
- Current combined net income $144,262.14*p.a. + GST with CPI annual increases
- Tenant pays 100% of all building outgoings as per the lease
- Five (5) year lease to 31st May 2022 with two (2) further terms, each of five (5) years
- 5 acre* site with 3 street frontages plus scope for future development or value add (S.T.C.A)
- PFD Food Services has occupied the site since June 2007, and currently have 47* outlets Australia wide

(*approx.)

Property Highlights

Date Sold18 Dec 2020
Floor Area1,500 m²
Land Area2.02 ha
Parking12 x Onsite parkings
Property ID2016571870
Category
Last updated  21 Dec 2020
Map for 31-39 Catherine Street Morwell VIC 3840

Property Highlights

Date Sold18 Dec 2020
Floor Area1,500 m²
Land Area2.02 ha
Parking12 x Onsite parkings
Property ID2016571870
Category
Last updated  21 Dec 2020

Listed by

Ben Wilson
Ben Wilson
Wilson Property
Call
0412 525 542

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