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195-197 Commercial Road, Morwell VIC 3840

$505,000
155m2
235m2
Retail

FIRST CHOICE COMMERCIAL INVESTMENT

High profile, double fronted shop with a floor area of approximately 235qm. Commercial freehold with main street location. Well situated opposite Mannys Market and within close proximity of Latrobe Shire Offices & the Legal Precinct, and Train Station & bus terminal. The property has excellent long term tenants, with great rental history. Currently leased to a well established beauty salon, known as Elirah Beauty & Cosmetics. Lease commenced 2/05/2023, term 5 years x 3 years. Rental $33,800pa +outgoings. Currently showing a net return of 6%.

Location

Managing Director – Licensed Estate Agent CEA (REIV)

Branch Manager – Licensed Estate Agent

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