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226b Princes Drive Morwell, VIC 3840

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226b Princes Drive,
Morwell, VIC 3840

Warehouse, Factory & Industrial • Other • Showrooms & Large Format Retail

Price information

Sale

$2,700,000 Plus GST If App

Key property information

Land area

Floor area

Property extent

Tenure type

Private inspections

to arrange a private inspection.

Map of 226b Princes Drive

Directions
  • Train stations within 5 km of 226b Princes Drive, Morwell, VIC 3840Distance
    Dyers Gippsland Transport566 m
    Morwell Station4.2 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 226b Princes Drive, Morwell, VIC 3840Distance
    Tramway Rd/Princes Dr (Morwell)705 m
    Amanda Ave/Saskia Way (Morwell)777 m
    Tramway RdPrinces Hwy796 m
    Kirwin Rd/Tramway Rd (Morwell)949 m
    Hollie Dr/Princes Dr (Morwell)1.1 km
    POWERED BY HERE ©
POWERED BY HERE ©

Prime Storage Opportunity - First Time Offered to the Market

This outstanding & contemporary storage facility makes its debut on the market, presenting an exceptional opportunity for savvy investors seeking a valuable, commercially viable, low-maintenance asset.

Features include:

> The storage facility, in pristine condition, offers a fully secure environment with automated entry and exit systems, enhancing its practicality.
> Equipped with 24-hour security monitoring, PIN code access, and a fully concreted driveway for convenience.
> Ideally situated between Traralgon and Morwell, and just 5 minutes from Latrobe Regional Hospital and Mid Valley Shopping Centre.
> Attractive depreciation benefits available.
> Comprising a total of 81 storage sheds, the facility boasts a high occupancy rate of 95%.

Asset/Income Breakdown:

- 38 Units: 15 m² storage sheds ($33 per week)
- 34 Units: 20m² storage sheds ($42 per week)
- 9 Units: 25m² storage sheds ($50 per week)

Projected income at full occupancy is $162,864 per annum ($3,132 per week).

For Further Information Contact
George Demetrios 0413 776 3... or Email > george@stockdaleleggo.com.au

Property ID: 504746952Last Updated: 3 Dec 2024

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226b Princes Drive
Morwell, VIC 3840

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