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ID#955955
4 Minchington Road,
Morwell
Latrobe City
$2,200,000
proudly marketed by
Contact Agent To
Storage Facility with Potential to Expand
This outstanding Morwell storage facility presents an exceptional opportunity for the astute investor - a low maintenance asset with room to expand.
Featuring extra land (total area 4621m²) with the potential to construct an additional 40 extra storage units (STCA).
This facility is in excellent condition - a modern, fully secure environment with automated gates and motion sensor, 24 hour security monitoring, and keyless fob entry.
In a great location, close to Tramway Road, and with easy access to the freeway.
80 UNITS
22 units 3x3m $26.50pw
36 units 3x4.5m $33.50pw
21 units 6x6m $37.00pw
1 security service $160pw
Total potential income $141,752pa (return in excess of 6.4%)
For further information or to arrange an inspection contact Frank Palermo 0427 049 696 or Jesse Watson 0421 337 777
Location
Agents
Frank Palermo
First National Real Estate Central KW
A long-term local offering an expert level of knowledge about the Latrobe Valley, Frank Palermo is the perfect fit as the Managing Director, whose passion for Real Estate is unmatched.
His experience in building turn keys homes across the region has given him a unique perspective of the property industry. Skills learnt during this time allows him to offer incredibly valuable knowledge to a variety of sellers.
Frank is vastly proficient in his field and gets great satisfaction from matching the right person to the right property. His blend of professionalism, attention to detail and genuine care makes for a fantastic result on all ends.
read moreJesse Watson
First National Real Estate Central KW
Born and raised in Gippsland, Jesse has a strong passion for real estate and a sound knowledge of the local areas.
Jesse understands the importance of modern technology and digital marketing and possess the hunger and drive to be successful in the real estate industry.
Before Real estate Jesse was a successful A grade electrician within the valley which has given Jesse the tools to be Always Reliable, Respectful and a true professional.
If you are looking to sell, Buy or even curious on what your house is worth, then experience the KW Real Estate difference, By contacting Jesse today
read moreContact the agent to request a Statement of Information
This property was photographed by
Dave & Jess Aarons
Media Specialist
Gippsland
ID#955955
4 Minchington Road,
Morwell
Latrobe City
$2,200,000
proudly marketed by
Contact Agent To