7-9 & 11 Hazelwood Road, Morwell, VIC, 3840

Colliers and CRS Property are pleased to present 7-9 & 11 Hazelwood Road, Morwell for Private Sale.

Key investment highlights include:

• 9.00% Yield

• Modern social infrastructure asset of 2,219sqm* NLA

• 100% leased to the State Government (Department of Families, Fairness and Housing) for 5 years from 23 April 2025 plus 2 x 3 year options

• Net passing income of $512,500 p.a. + GST

• 34 secure on-grade car parks

• Substantial Activity Centre Zoned site of 1,906sqm*

• Longstanding and committed tenant who has occupied the property for over 20 years and plans to project manage a $250,000 internal refurbishment during 2026

• Situated in Morwell’s Civic Centre with an agglomeration of government occupiers serving as one of the key administrative centres for the City of Latrobe and Victoria’s Gippsland region

• Excellent connectivity situated just 600m* from Morwell Station and 1.5km* to Princes Freeway (M1) providing easy access to Melbourne and the broader Gippsland region

• Potential 50% Stamp Duty Savings

• 5.5 Star NABERS Energy Rating

For further information, please contact the exclusive agents

Colliers:

Alex Browne - +61 418 350 545

Eddie Foulkes - +61 405 890 960

CRS Property:

Ross Mercorillo - +61 418 227 354

Lou Montalti - +61 488 553 455

*-approximately

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