172 Commercial Road,
Morwell, VIC 3840
Shops & Retail
Price information
Sold
$500,000
Key property information
Land area
Floor area
Property extent
Tenure type
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Map of 172 Commercial Road
For Sale / Blue Chip National Tenant
Perfect opportunity to invest in a landmark property currently let to a secure National Tenant. The building is of approx. 240sqm housing 'Subway' Franchise and approx. 50sqm of upstairs floor space on an allotment of approx. 420sqm plus on site rear car parking. Great exposure good foot traffic and zoned Commercial 1. Currently returning $23,805 per annum + GST and all outgoings on a 5 year lease commences 15/01/2019 with 3 further options of 5 years and increases of 3.5% annually.
Property ID: 504228288Last Updated: 23 Mar 2023
04193352...
172 Commercial Road
Morwell, VIC 3840
Stockdale & Leggo - Traralgon21-25 Franklin Street
TRARALGON, VIC 3844
TRARALGON, VIC 3844
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