19 Swan Road,
Morwell, VIC 3840

Warehouse, Factory & Industrial

Key property information

Land area

Floor area

Property extent

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Map of 19 Swan Road

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Rare, high yielding investment (circa 8.24%) - National tenant

- Long term National tenant ‘Viridian’ has occupied this property since 1995.
- Renewed 3 year lease commenced 1st May, 2018, with 2 x 3 year options.
- Rent $146,260 p.a. (from 1/5/19), 3% annual increases, tenant pays all usual outgoings.
- Impeccably presented building comprising fully appointed office space plus workshop totalling 1,795m2* set on a 4,000m2* site in a popular industrial precinct.
- Additional features include excellent accessibility into and around the building and on site car parking, 2 overhead cranes, and excellent staff amenities.
- Viridian - 24 stores nationally, the largest glass supplier and only manufacturer in Australia

*approx.

Morwell, 3840 demographic data

The median household income for Morwell is $942, 32% lower than Regional Victoria's household income of $1,386. Morwell has a similar age profile compared to the rest of Regional Victoria (median age 43). Property ownership data shows 40% of property owners in Morwell have a mortgage.

14,389

Population

$942 per week

Median household income

43 years

Median age

Owners

Most residents

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Most households

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