228 Commercial Road,
Morwell, VIC 3840
Shops & Retail • Offices
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Tenure type
Sold on
Map of 228 Commercial Road
Long Established Banking Chamber
- Leased to 2021 + Options to 2031
- Prime 320 Commercial 1 Site
- Lessee Pays Outgoings Inc. Land Tax
Secure 10 year lease to 2021 plus options though to 2031.
Westpac Limited: 3rd largest ASX listed company with a
market cap rate of $102 billiion (August 2015).
Fixed annual 3% increases.
Lessee pays all usual outgoings including Land Tax.
Prime 320 sqm Commercial 1 site with 8.48 metre retail.
frontage and rear access.
Substantial 368 sqm building over two levels.
Central location amongst national traders including Harvey Norman.
Morwell: Central within Greater Latrobe Valley urban area.
(population 75,000+) regional hub of Gippsland.
145km east of Melbourne.
Rent: $56,821 pa (February 2016).
Auction 11am AEST Wednesday 16 September
River Room, Crown Casino Melbourne
Westpac Limited: 3rd largest ASX listed company with a
market cap rate of $102 billiion (August 2015).
Fixed annual 3% increases.
Lessee pays all usual outgoings including Land Tax.
Prime 320 sqm Commercial 1 site with 8.48 metre retail.
frontage and rear access.
Substantial 368 sqm building over two levels.
Central location amongst national traders including Harvey Norman.
Morwell: Central within Greater Latrobe Valley urban area.
(population 75,000+) regional hub of Gippsland.
145km east of Melbourne.
Rent: $56,821 pa (February 2016).
Auction 11am AEST Wednesday 16 September
River Room, Crown Casino Melbourne
Property ID: 501672285Last Updated: 15 Aug 2016
228 Commercial Road
Morwell, VIC 3840
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Stockdale & Leggo - Traralgon21-25 Franklin Street
TRARALGON, VIC 3844
TRARALGON, VIC 3844
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
Coles Express, 137-139 Princes Drive (corner Jane Street),Morwell, VIC 3840 432 m²Shops & Retail • Showrooms & Large Format Retail • Development Sites & Land
Contact Agent
Viva Energy / Shell, 103 Alexanders Road,Morwell, VIC 3840 15 m²Shops & Retail • Development Sites & Land • Warehouse, Factory & Industrial