62-64 Latrobe RoadMorwell VIC 3840
Property Details for 62-64 Latrobe Rd, Morwell
Last Listing description (August 2015)
Affordable great investment opportunity, offering new 5 x 5 year lease, light industrial site in 3 titles totalling approx. 2560m2 with well-maintained buildings of approx. 1490m2 plus offices of approx. 180m2. Excellent corner location, with on-site parking, loading and yard space. Rental being $36,400 per annum plus GST and tenant paying all outgoings.
Don't Miss This Opportunity
Priced at $465,000 + GST (if applicable)
Property History for 62-64 Latrobe Rd, Morwell, VIC 3840
- 23 Aug 2021Sold for $638,000
- 07 Aug 2015Sold for $465,000
- 28 Jul 2015Listed for Sale Not Disclosed
Recent sales nearby
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0About 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 9,466 properties. Over the last 5 years, Houses in Morwell have seen a 86.04% increase in median value, while Units have seen a 81.41% increase. As at 31 March 2026:
- The median value for Houses in Morwell is $421,535 while the median value for Units is $343,325.
- Houses have a median rent of $420 while Units have a median rent of $320.
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