Sold
60 George Street, Morwell VIC 3840
$225,000
100m2
200m2
Retail
Shop For Sale / Great Location
Commercial freehold approx. 100sqm, situated on a 200sqm (approx.) allotment with ample yard and parking area. Ideal for retail shop/offices with a multitude of uses. Great location with high traffic area and close to Cheap as Chips and Coles Supermarket. The property is currently leased at $300 per week + GST + Outgoings ($15,600 per annum + Outgoings + GST), currently showing a 6.8% net return. Lease commenced May 2021 – Term 3 Years with 4 further terms of 3 years.