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1 Surdex Drive Morwell, VIC 3840

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1 Surdex Drive,
Morwell, VIC 3840

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PASSIVE INDUSTRIAL INVESTMENT WITH UPSIDE

First time offered, this Industrial 1 zoned block is in Morwell's popular Heavy Industrial site with a land area of approx. 5466m2. The block includes 2 road frontages, is mostly fenced and services are available.

Presently leased on a 3 year lease which commenced 1/7/20 with a further 3 year option. Returning $30,000 per annum plus GST plus outgoings with CPI annual rent increases.

Ideal for the astute investor looking for a longer term land bank.

For further information contact Grant Williams 0412 513 4..., Chris Williams 0412 517 2... or Keith Williams Real Estate 5174 7777

Property ID: 503938026Last Updated: 6 Dec 2021

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1 Surdex Drive
Morwell, VIC 3840

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