Sold
70-74 Buckley Street, Morwell VIC 3840
$890,000
1171m2
1171m2
Retail
For Sale - Excellent investment property
This huge 1,171sqm commercial freehold currently leased to Lifeline on a long-term lease. Currently showing a net income of $48,000 per annum with annual 2.5% increases. Lease commenced 01/02/2021 with a term of 3 years x 3 years x 3 years. Tenants pay the outgoings.
Well situated within close proximity of the new Multi Million Dollar Government Hub Complex and within close proximity of the Railway Station and Post Office and Downtown CBD area.