2/22 Vestan Drive,
Morwell, VIC 3840
Shops & Retail
Price information
Sold
$828,000
Key property information
Land area
Floor area
Property extent
Tenure type
Sold on
Map of 2/22 Vestan Drive
Outstanding Investment Opportunity
Modern showroom/warehouse with excellent Main Road exposure in a high traffic location. Within close proximity of Mid Valley Shopping Centre.
- Building area approx 447sqm
- Customer parking
- Staff parking at rear
- Outstanding long term tenant
- Term: 5 years x 4 years further option
- Lease commenced 15/08/2022
- Rental $60,000 per annum + Outgoings + GST
- Currently showing a net return of 7%
- Building area approx 447sqm
- Customer parking
- Staff parking at rear
- Outstanding long term tenant
- Term: 5 years x 4 years further option
- Lease commenced 15/08/2022
- Rental $60,000 per annum + Outgoings + GST
- Currently showing a net return of 7%
Property ID: 504379216Last Updated: 24 Oct 2023
04193352...
2/22 Vestan Drive
Morwell, VIC 3840
Stockdale & Leggo - Traralgon21-25 Franklin Street
TRARALGON, VIC 3844
TRARALGON, VIC 3844
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