Positioned in a highly accessible location within the Morisset commercial precinct, this well-maintained freehold property presents an outstanding opportunity for investors and owner occupiers alike.
Set on a substantial 711.5 sqm freehold site, the asset comprises a versatile mix of commercial spaces including two retail shops and five office suites, delivering over 300 sqm of lettable area. The property is supported by onsite parking and benefits from strong local amenity, with Morisset railway station and Morisset Square within easy walking distance.
Major tenants are secured on long-term leases through to 2030 / 2031, providing stable holding income for investors. Importantly, the flexible office configuration currently offers up to three office suites available or suitable for occupation, presenting a rare opportunity for an owner occupier to secure their own premises while benefiting from existing rental income.
Property Highlights
- Multi-tenanted commercial freehold investment
- 711.5 sqm freehold parcel
- Two retail shops & five office suites
- Over 300 sqm total lettable area
- Longstanding tenants secured through to 2030 / 2031
- Potential owner occupier opportunity with up to three office suites available
- Onsite parking for tenants and visitors
- Walking distance to Morisset railway station and Morisset Square
- Secure income with future upside potential
Estimated Gross Rent PA (Inc Outgoings & GST): $148,234
Net Rent (ex GST): $111,026.36
For further information or to arrange an inspection, contact John Britten today 0409 681 606.
Disclaimer: Information contained herein has been provided by sources we believe to be reliable; however, we cannot guarantee its accuracy. Interested parties should rely on their own enquiries and obtain independent advice in relation to all aspects of the property. Areas, dimensions, figures and details are approximate only.
The size of Morisset is approximately 26.9 square kilometres. It has 25 parks covering nearly 50.9% of total area. The population of Morisset in 2016 was 3213 people. By 2021 the population was 4078 showing a population growth of 26.9% in the area during that time. The predominant age group in Morisset is 70-79 years. Households in Morisset are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Morisset work in a professional occupation.In 2021, 55.60% of the homes in Morisset were owner-occupied compared with 63.20% in 2016.
Morisset has 3,058 properties. Over the last 5 years, Houses in Morisset have seen a 67.21% increase in median value, while Units have seen a 59.29% increase. As at 31 March 2026:
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