Lot 1/32-34 Princes Drive,
Morwell, VIC 3840

Other

Price information

Sold

$700,000

Key property information

Sold on

Map of Lot 1/32-34 Princes Drive

Directions

Lot 1, 32-34 Princes Drive (Corner Monash Way)

Ultra Wash Shine Car Wash - Secure 10 year lease to 2022, plus 5x5 year option to 2047
Fixed 4% increases
Lessee pays all usual outgoings
Business established 2012, construction cost circa $1.5m including 2 automatic bays, plus 4 manual bays plus vacuum centre and dog wash
1,200 sqm highway commercial site with 66 metre frontage and exposure to Princes Drive and McDonald's drive thru
Central amongst Chemist Warehouse and immediately adjoining recently refurbished / extended long established McDonald's restaurant
Morwell: Central within Greater Latrobe Valley urban area (population 75,000+) regional hub of Gippsland, 145km east of Melbourne
Rent $106,861 p.a. (Oct 2015).
Auction 11am Wednesday 5 August River Room, Crown Casino, Melbourne

Property ID: 501623633Last Updated: 17 Sep 2015

04193352...