172-190 Princes Drive,
Morwell
Sold1 of 11Princes Drive Super Site - Investment & Development Upside
Showrooms/Bulky Goods
1,399m2 FLOOR|10,357m2 LAND
Sold - $1,876,000
- High profile industrial investment on busy main road with enormous scope for future development & greater rental return
- Huge exposure over 2.5 acres of land with 67m* frontage to Princes Drive
- Currently leased to Gippsland Motor Group Pty Ltd - a subsidiary company of international motor car company; Motus Holdings Pty Ltd (JSE:MTH)
- Current 3 year lease commenced 1st September 2023, with no further options
- Total building area 1,500m2* comprises of warehouse, showroom, office space, amenities & additional shedding
- Zoned Industrial 1 (IN1Z) - Latrobe Planning Scheme
- Total site area of 10,357m²*
*(approx.)
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