7 Garden StreetMorwell VIC 3840
Property Details for 7 Garden St, Morwell
Last Listing description (July 2017)
Well built industrial factory of brick and iron and a good height. It includes a shop front, side access (roller door), ample parking, internal offices and all amenities. A great opportunity for the owner/occupier and/or investor to own the ideal freehold which is well positioned in one of the best Industrial precincts of Morwell.
The factory is of approx. 590m2 of floor space set on an allotment of approx. 1012m2 and adjoins a 1116m2 vacant allotment which surely provides the facility to extend or use for outdoor storage or extra parking.
Price $640,000 + GST if applicable (both properties)
For more information or inspection contact Philip Colavecchio on 0434 319 720 or at Keith Williams Real Estate Traralgon on 5174 7777.
Property History for 7 Garden St, Morwell, VIC 3840
- 09 May 2017Sold for $484,000
- 04 May 2017Listed for Sale $465,000
- 09 Feb 2014Listed for Sale $465,000 +G.S.T.
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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 9,448 properties. Over the last 5 years, Houses in Morwell have seen a 84.99% increase in median value, while Units have seen a 82.28% increase. As at 31 December 2025:
- The median value for Houses in Morwell is $386,273 while the median value for Units is $317,232.
- Houses have a median rent of $420 while Units have a median rent of $310.
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