OFF MARKET

238 Commercial Road
Morwell VIC 3840

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 120m2
Land area: 233m2
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Property Details for 238 Commercial Rd, Morwell

238 Commercial Rd, Morwell is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 233m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in September 2005.

Building Type
House
Floor Size
120m2
Land Size
233m2
Local Government
Latrobe
Lot/Plan
8/LP43543

Last Listing description (November 2024)

Discover one of Morwell's most prestigious office space now available for lease. Situated in the heart of Morwell's bustling commercial district, this prominent 150 m2 office suite is perfect for businesses seeking maximum visibility and convenience.
Features Include:
~ Freshly painted interiors with modern decor.

~ Carpeted floor coverings and suspended ceilings with contemporary downlights.
~Reverse cycle split system air- conditioning for optimal comfort.
~Gas wall heater in two expansive offices (Each 11x5 metres)
~Ample power point throughout for seamless operations.
~ A functional storage room, kitchenette, and laundry facilities.
~Male and female toilets, plus an additional shower unit.
~Generous parking facilities to accommodate staff and clients
Additional Benefits:
~High-profile zoning ensures excellent road and foot traffic exposure.
~A rent-free period and attractive lease terms are offered for long-term tenants.
~Over 30 years of continuous retail trading history underscores the value of this prime location.
Don't miss this rare opportunity for unparalleled business exposure and convenience at an unbeatable rate starting at $200.00 per week. Secure this prime space for your business or home office today.
CONTACT ROSS AT 0411 122 434 TO ARRANGE AN EXCLUSIVE INSPECTION AND SECURE YOUR LEASE.

Property History for 238 Commercial Rd, Morwell, VIC 3840

A timeline of how this property has performed in the market
Last Sold
$203,500
21 Sep 2005
Listed for Rent
$188/w
14 Feb 2018
  • 19 Nov 2024
    Listed for Rent $200 / week
  • 14 Feb 2018
    Listed for Rent - Price not available
  • 09 Jan 2017
    Listed for Rent $187 / week
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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 8,939 properties. Over the last 5 years, Houses in Morwell have seen a 79.21% increase in median value, while Units have seen a 46.24% increase. As at 31 October 2024:

  • The median value for Houses in Morwell is $319,787 while the median value for Units is $272,996.
  • Houses have a median rent of $370 while Units have a median rent of $290.
There are currently 63 properties listed for sale, and 12 properties listed for rent in Morwell on OnTheHouse. According to CoreLogic's data, 421 properties were sold in the past 12 months in Morwell.

Suburb Insights for Morwell 3840

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.