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Shop 2/32-34 Princes Drive Morwell, VIC 3840

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Shop 2/32-34 Princes Drive,
Morwell, VIC 3840

Shops & Retail • Medical & Consulting • Showrooms & Large Format Retail

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Map of Shop 2/32-34 Princes Drive

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High Yielding Retail Investment

  • Brand new 5 + 5 + 5 year lease
  • Next to Major 24 hour McDonald’s
  • Circa 10% Yield Anticipate
Brand new 5 + 5 + 5 year lease.
Fixed annual 3% rent increases.
Lessee pays all usual outgoings.
Modern, versatile 1,083 sqm building with recent $250,000 upgrade.
Strategic highway 2,989 sqm commercial site with 13 on-site car spaces.
High exposure next to Chemist Warehouse and 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: $85,000 pa.



Auction 11am AEST Wednesday 24 June
River Room, Crown Casino, Melbourne

Property ID: 501581941Last Updated: 15 Aug 2016

04138603...
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Shop 2/32-34 Princes Drive
Morwell, VIC 3840
Burgess Rawson - Melbourne
Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
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