Lot 1/32-34 Princes Drive Morwell VIC 3840

Secure lease to 2022, plus 5x5 year options to 2047.
Fixed 4% increases.
Lessee pays all usual outgoings.
Business established 2012, construction cost circa $1.5m including 2 automatic bays, plus 4 manual bays plus vacuum centre and dog wash.
1,200 sqm highway commercial site with 66 metre frontage and exposure to Princes Drive and McDonald's drive through.
Central amongst Chemist Warehouse and immediately adjoining 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: $106,861 pa (Oct 2015).

Auction 11am AEST Wednesday 5 August
River Room, Crown Casino Melbourne