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HIGH YIELDING INVESTMENT!

6-12 Chapel Street, MORWELL VIC, 3840

For Sale

Property for Sale in 6-12 Chapel Street, MORWELL VIC, 3840

Richardson French - Commercial & Industrial

Level 1, 29 Princes Hwy, Dandenong, VIC 3175

  • 03 9791 3868

Listing ID:
11247857
Status:
Active
For:
Sale
Price:
$3,350,000
Last Updated:
06/12/2017
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Property Type

Offices
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Land Area

3004 SQM
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Floor Area

2473 SQM
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Parking

0

HIGH YIELDING INVESTMENT!

This fantastic investment is located on a prominent corner block in the heart of Morwell. Housing a government tenant who has occupied the property for over 10 years and recently extended the floor space, this irreplaceable location is quite unique.

With the market suggesting there is still more room for rental growth, this 10% net return is great investing.

Property features:
+ Government tenant
+ 10% net return
+ Irreplaceable location
+ Dual street frontages
+ Newly renovated and extended
+ Commercial 1 zoning

For more details, please email agent

Richardson French - Commercial & Industrial

Level 1, 29 Princes Hwy, Dandenong, VIC 3175

  • 03 9791 3868

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