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142, 144 & 146 Commercial Road
Morwell VIC 3840
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Sold on 23 Nov 2022

142, 144 & 146 Commercial Road Morwell VIC 3840

  • Shop & Retail
  • 460 m²
  • Sold, $1,030,000

For Sale - 142-144 Commercial Road & 146 Commercial Road

142-144 Commercial Road
Excellent long term tenants
Current rental - $42,206 per annum + outgoings + GST - 3% annual increases
Lease term 5 years x 5 years
Building area approx. 340sqm
Parking at rear
146 Commercial Road
Commercial freehold with excellent tenants
Current rental - $31,856 per annum + Outgoings + GST - 2% annual increases
Lease term 1 year x 1 year
Building area approx. 120sqm
Parking at rear
Total Rental - $74,062 per annum + Outgoings + GST
Currently showing a 6.1% net return

Well situated in the Morwell CBD Main Street location opposite Latrobe City Council Offices and within close proximity of the Legal Precinct and Art Gallery.
These properties have an outstanding rental history.

Stockdale & Leggo Traralgon
Stockdale & Leggo Traralgon
27-29 Franklin Street
Traralgon, VIC 3844

Property Highlights

Date Sold23 Nov 2022
Sold Price$1,030,000
Floor Area460 m²
Land Area640 m²
ParkingAsk Agent
Property ID2017988675
Category
Last updated  23 Nov 2022
Map for 142, 144 & 146 Commercial Road Morwell VIC 3840
Stockdale & Leggo Traralgon
Stockdale & Leggo Traralgon
27-29 Franklin Street
Traralgon, VIC 3844

Property Highlights

Date Sold23 Nov 2022
Sold Price$1,030,000
Floor Area460 m²
Land Area640 m²
ParkingAsk Agent
Property ID2017988675
Category
Last updated  23 Nov 2022

Co-Agents

Jim Demetrios
Jim Demetrios
Stockdale & Leggo Traralgon
Call
0419 335 271
George Demetrios
George Demetrios
Stockdale & Leggo Traralgon
Call
413776303

More about 142, 144 & 146 Commercial Road Morwell VIC 3840

142, 144 & 146 Commercial Road Morwell VIC 3840 is categorized as Shop & Retail Property. It has a floor area of 460 m² and a land area of 640 m². The listing ID for this property is 2017988675.

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