14 Centre Road & 43 Alexanders Road,
Morwell, VIC 3840
Warehouse, Factory & Industrial
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$895,000
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High Yielding Investment Securely Leased with Reputable Long-Term Tenant
- Brand new 5-year lease to Mechanical Maintenance Solutions, a very successful long standing local business servicing multiple projects throughout Australia
- Commencing rent $70,000 p.a + GST, tenant pays all usual outgoings
- Fixed 3% annual increases, market review at options
- 3 further option periods, each of 5 years
- Total site area approx. 2354sqm* with 2 street frontages
- Heavy duty industrial building of 630sqm* plus a further 70sqm* of office space. The office space comprises multiple modern ground and first floor office space, meeting rooms and excellent staff amenities
- Additional shedding of 125sqm* and outbuildings
- Scope for some future development (STCA)
(*approx.)
- Commencing rent $70,000 p.a + GST, tenant pays all usual outgoings
- Fixed 3% annual increases, market review at options
- 3 further option periods, each of 5 years
- Total site area approx. 2354sqm* with 2 street frontages
- Heavy duty industrial building of 630sqm* plus a further 70sqm* of office space. The office space comprises multiple modern ground and first floor office space, meeting rooms and excellent staff amenities
- Additional shedding of 125sqm* and outbuildings
- Scope for some future development (STCA)
(*approx.)
Property ID: 502655826Last Updated: 8 May 2018
04125255...
14 Centre Road & 43 Alexanders Road
Morwell, VIC 3840
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