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54 Madden Street
Morwell VIC 3840

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 549m2
Land area: 1410m2
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High Clearance Industrial Warehouse

Harcourts Warragul are delighted to present 54 Madden Street Morwell For Lease.
An opportunity to lease an industrial property in a tightly held area. Suitable for a wide range of uses, the property features:
- Total building area: 549sqm (approx.)
Drive in warehouse: 384sqm (approx.)
Additional storage: 110sqm (approx.)
Office block/front reception: 55sqm (approx.)
- Land size: 1,410 sqm (approx.)
- Industrial 3 Zoning.
- Renovated front office/reception area with kitchenette and toilet facilities.
- High clearance warehouse with motorized roller door access.
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Property Details for 54 Madden St, Morwell

Building Type
Commercial
Floor Size
549m2
Land Size
1410m2

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About Morwell 3840

The size of Morwell is approximately 44.9 square kilometres. It has 31 parks covering nearly 5.9% of total area. The population of Morwell in 2011 was 14,005 people. By 2016 the population was 13,753 showing a population decline of 1.8% in the area during that time. The predominant age group in Morwell is 50-59 years. Households in Morwell are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Morwell work in a trades occupation. In 2011, 63.1% of the homes in Morwell were owner-occupied compared with 61.7% in 2016.

Morwell has 8,954 properties. Over the last 5 years, Houses in Morwell have seen a 80.40% increase in median value, while Units have seen a 41.20% increase. As at 30 November 2024:

  • The median value for Houses in Morwell is $324,509 while the median value for Units is $267,245.
  • Houses have a median rent of $373 while Units have a median rent of $295.
There are currently 68 properties listed for sale, and 14 properties listed for rent in Morwell on OnTheHouse. According to CoreLogic's data, 435 properties were sold in the past 12 months in Morwell.

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Marino Perioris
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Harcourts Warragul
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