4 Minchington Road, Morwell, VIC 3840 | Commercial for sale | OnTheHouse
 
FOR SALE
$1,950,000 - $2,100,000

4 Minchington Road
Morwell VIC 3840

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1174m2
Land area: 4621m2
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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, plus a fully renovated caretaker's residence on site.
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%)
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Property Details for 4 Minchington Rd, Morwell

Building Type
Commercial
Floor Size
1174m2
Land Size
4621m2
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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 2016 was 13771 people. By 2021 the population was 14389 showing a population growth of 4.5% in the area during that time. The predominant age group in Morwell is 60-69 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 labourer occupation.In 2021, 62.00% of the homes in Morwell were owner-occupied compared with 61.70% in 2016.

Morwell has 9,455 properties. Over the last 5 years, Houses in Morwell have seen a 78.91% increase in median value, while Units have seen a 66.71% increase. As at 30 November 2025:

  • The median value for Houses in Morwell is $368,626 while the median value for Units is $301,844.
  • Houses have a median rent of $415 while Units have a median rent of $300.
There are currently 59 properties listed for sale, and 10 properties listed for rent in Morwell on OnTheHouse. According to Cotality's data, 604 properties were sold in the past 12 months in Morwell.

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Jesse Watson
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Frank Palermo
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