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217 Commercial Road Morwell, VIC 3840

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217 Commercial Road,
Morwell, VIC 3840

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Price information

Sale

$299,000 excl. GST

Key property information

Floor area

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to arrange a private inspection.

Map of 217 Commercial Road

Directions
  • Train stations within 5 km of 217 Commercial Road, Morwell, VIC 3840Distance
    Morwell Station74 m
    Dyers Gippsland Transport4.1 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 217 Commercial Road, Morwell, VIC 3840Distance
    Morwell Bus Interchange/Commercial Rd (Morwell)161 m
    Hazelwood Rd/Ann St (Morwell)319 m
    Tarwin StElgin St324 m
    Latrobe Valley Law CourtsCommercial Rd334 m
    Joy St/Mary St (Morwell)385 m
    POWERED BY HERE ©
POWERED BY HERE ©

Entry Level Commercial Investment - 6.6%* Gross Yield

> Affordable Commercial investment property leased to long term tenant, in occupation since 2000
> Current lease term 3 years commenced 8/9/22 with 1 further 3 year option
> Current rent $19,983.12 p.a + GST with CPI annual increases
>73m­²* building on Commercial Road
> Perfect opportunity to enter the commercial property market or add to your existing portfolio
> Potential 50% stamp duty concession available ^

(*approx.)
(^ as of 10/1/2024)

Property ID: 504478900Last Updated: 10 Sep 2024

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217 Commercial Road
Morwell, VIC 3840
Wilson Property RCI
Ground Floor, 62 Church Street
TRARALGON, VIC 3844

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