2 Saskia Way,
Morwell, VIC 3840

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Key property information

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Floor area

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Map of 2 Saskia Way

Directions

Triple Income Investment, anchored by Ambulance Victoria - Net Yield 7% +

- Outstanding high yielding investment opportunity in thriving commercial precinct
- Brand new 5 year lease to Ambulance Victoria commences 20/4/2020 (occupied since 2001)
- Commencing rent $104,174 p.a., 3% fixed annual increases, tenant pays all usual outgoings (Land Tax does not apply)
Additional income of $12,667.70* p.a. from Optus, 3% fixed annual increases until 30/11/2031, and $46,013.96* p.a. from secure, high occupancy 43 storage shed facility
- Total combined income of $162,855.66* p.a. net
- Zoned Commercial 2 Zone (C2Z) opposite Mid Valley Shopping Centre and surrounded by major National high profile brands

(*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

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