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188-190 Commercial Road, Morwell, VIC, 3840

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188-190 Commercial Road, Morwell, VIC, 3840

Morwell

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188-190 Commercial Road, Morwell, VIC, 3840

Morwell

188-190 Commercial Road, Morwell, VIC, 3840

188-190 Commercial Road, Morwell, VIC, 3840

Properties / Buy / Victoria / Morwell
Tenanted Investment
Selling Method
EOI
Selling Details
Contact Savills or Stockdale & Leggo Team Today
Land Area
2,165 m² (*approx)
Floor Area
2300 m² (*approx)
Property Type
Retail, Other, Offices
Terms
5 + 5-year lease
Est. Income
$171,828 p/a
Fully Leased
Anglicare
Car Spaces
20
Show All
Prime CBD Investment Leased to Anglicare
  • 5 + 5 year lease to Anglicare
  • Strong Tenant Capex Investment
  • 50% Potential Stamp Duty Saving

Savills, in conjunction with Stockdale & Leggo, is pleased to present this prime CBD investment leased to Anglicare, a highly recognised not-for-profit tenant who has undertaken significant capital works to create a modern office environment.

The property comprises a single-level office with reception areas, offices, training spaces and amenities, plus secure undercroft parking and a passenger lift. The offering also includes a small retail tenancy fronting Commercial Road, occupied by Jodie’s Hairworkshop.

Key attributes of the property include:

• 5 + 5-year lease to Anglicare, in occupation since 2017, offering secure income from a highly recognised ‘Not-for-Profit’ organisation

• Returning $171,828 p.a. (May 2026) with significant capital expenditure by Anglicare in the office fit-out including the installation of a lift.

• Substantial 2,300sqm* office building with an extensive, modern fitout undertaken by the tenant with secure undercroft parking for approx. 20 vehicles

• Prominent 2,165 sqm* CBD landholding with dual frontage to Commercial Road & George Street

• Potential 50% stamp duty savings

• Prime Activity Centre location in Morwell, opposite Morwell railway station, servicing a 75,000+^ catchment just 145km* from the Melbourne CBD.

*Approximate

For Sale by Expressions of Interest closing Wednesday 15th April at 2pm

For further information please contact:

Savills

Stephen Bolton - 0419 323 997

Beau Bakhtani - 0412 159 038

Stockdale & Leggo

Jim Demetrios – 0419 335 271

George Demetrios – 0413 776 303

Remember to mention you found this property on CommercialReady

Read More
Dataroom
Tenanted Investment
Tenanted Investment

188-190 Commercial Road Investment Summary

Property Type
Retail, Other, Offices
Est. Income
$171,828 p/a
Tenant
Anglicare
Terms
5 + 5-year lease
Land Area
2,165 m² (*approx)
Floor Area
2300 m² (*approx)
Car Spaces
20
Selling Method
EOI
DATAROOM AVAILABLE
Request Access
EOI Closing Date
15 Apr 2026 02:00PM
Selling Details
Contact Savills or Stockdale & Leggo Team Today

Investment Highlights

Prime CBD Investment Leased to Anglicare
  • 5 + 5 year lease to Anglicare
  • Strong Tenant Capex Investment
  • 50% Potential Stamp Duty Saving

Savills, in conjunction with Stockdale & Leggo, is pleased to present this prime CBD investment leased to Anglicare, a highly recognised not-for-profit tenant who has undertaken significant capital works to create a modern office environment.

The property comprises a single-level office with reception areas, offices, training spaces and amenities, plus secure undercroft parking and a passenger lift. The offering also includes a small retail tenancy fronting Commercial Road, occupied by Jodie’s Hairworkshop.

Key attributes of the property include:

• 5 + 5-year lease to Anglicare, in occupation since 2017, offering secure income from a highly recognised ‘Not-for-Profit’ organisation

• Returning $171,828 p.a. (May 2026) with significant capital expenditure by Anglicare in the office fit-out including the installation of a lift.

• Substantial 2,300sqm* office building with an extensive, modern fitout undertaken by the tenant with secure undercroft parking for approx. 20 vehicles

• Prominent 2,165 sqm* CBD landholding with dual frontage to Commercial Road & George Street

• Potential 50% stamp duty savings

• Prime Activity Centre location in Morwell, opposite Morwell railway station, servicing a 75,000+^ catchment just 145km* from the Melbourne CBD.

*Approximate

For Sale by Expressions of Interest closing Wednesday 15th April at 2pm

For further information please contact:

Savills

Stephen Bolton - 0419 323 997

Beau Bakhtani - 0412 159 038

Stockdale & Leggo

Jim Demetrios – 0419 335 271

George Demetrios – 0413 776 303

Remember to mention you found this property on CommercialReady

Read More
Dataroom
Tenanted Investment

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188-190 Commercial Road, Morwell, VIC, 3840

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188-190 Commercial Road, Morwell, VIC, 3840 Morwell
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