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226B Princes Drive, Morwell

$2,700,000 + GST if applicable

3,735 m2

Investment Opportunity - Prime Storage Asset

This outstanding & contemporary storage facility makes its debut on the market, presenting an exceptional opportunity for savvy investors seeking a valuable, commercially viable, low-maintenance asset.

Features include:

- The storage facility, in pristine condition, offers a fully secure environment with automated entry and exit systems, enhancing its practicality.
- Equipped with 24-hour security monitoring, PIN code access, and a fully concreted driveway for convenience.
- Ideally situated between Traralgon and Morwell, and just 5 minutes from Latrobe Regional Hospital and Mid Valley Shopping Centre.
- Attractive depreciation benefits available

Comprising a total of 81 storage sheds -
              - 38 Units: 15 m² storage sheds ($33 per week)
              - 34 Units: 20m² storage sheds ($42 per week)
              - 9 Units: 25m² storage sheds ($50 per week)  
Projected income at full occupancy is $162,864 per annum - averaged occupancy rate currently 95%

For further information contact Frank Palermo 0427 049 696

 

Details

Address 226B Princes Drive, Morwell
Price $2,700,000 + GST if applicable
Property Type Commercial
Property ID 2988
Category Other, Industrial/Warehouse
Land Area 3,735 m2

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Frank Palermo

0427 049 696

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