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205-207 Princes Dr 3,229 - 6,458 SF of Retail Space Available in Morwell, VIC 3840
Highlights
- Prominent corner location offering maximum exposure along Princes Drive.
- Fully air-conditioned interiors with multiple staff and customer amenities.
- Located within an established commercial hub close to key civic services and local businesses.
- Positioned directly opposite the Morwell Post Office and near the train station for convenient access.
- Versatile layout supporting retail, office, medical, or fitness center use (S.T.C.A).
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 3,229 SF | Negotiable | $20.98 /SF/YR $1.75 /SF/MO $67,740 /YR $5,645 /MO | TBD | ||
| 1st Floor | 3,229 SF | Negotiable | $20.98 /SF/YR $1.75 /SF/MO $67,740 /YR $5,645 /MO | TBD |
Ground
The ground level of this two-story building offers a well-presented commercial area designed for functional and flexible use. Located on a prominent corner along Princes Drive, the space benefits from strong visibility and direct pedestrian access from street level, ensuring ease of entry for customers and staff. Key features include a fully air-conditioned interior, an open-plan configuration suitable for customization, and direct frontage with large window exposure, enhancing branding opportunities. Multiple staff amenities on the ground floor support day-to-day operations for a variety of business types. This lower level is particularly suited for retail, customer-facing office environments, or medical-related uses, subject to council approval. Its position within Morwell’s commercial core provides seamless access to surrounding civic services and transport links, including the adjacent bus network and nearby train station.
- Fully Built-Out as Standard Retail Space
- Central Air Conditioning
- Recessed Lighting
- Display Window
1st Floor
The upper level of this two-story property provides a versatile workspace environment with privacy and natural light ideal for professional or service-oriented tenants. Accessed via an internal staircase, the floor offers a separate setting that can accommodate business functions requiring a quieter atmosphere away from ground-level activity. The space features an open-plan configuration complemented by partitioning options to create offices, meeting rooms, or consultation areas as required. Additional amenities include climate control for tenant comfort and staff facilities to support operational needs. With its elevated position above Princes Drive, the upstairs level enjoys strong outlooks and signage potential for businesses aiming to establish a distinctive presence. This area suits professional offices, consulting services, or specialized commercial uses, subject to council approval.
- Fully Built-Out as Standard Retail Space
- Central Air Conditioning
- Recessed Lighting
- Display Window
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 6,458 SF | Gross Leasable Area | 6,458 SF |
| Property Type | Retail |
| Total Space Available | 6,458 SF |
| Property Type | Retail |
| Gross Leasable Area | 6,458 SF |
About the Property
This two-story commercial building occupies a high-profile corner along Princes Drive, providing significant street visibility and direct accessibility for customers. Situated opposite the Morwell Post Office and just a short walk from Morwell Train Station, the property offers strong connectivity for both commuters and local traffic. The interior spans approximately 600 square meters and is equipped with air-conditioning and multiple staff amenities, making it suitable for a variety of users. Its flexible layout is ideal for retailers, professional offices, medical practices, fitness operators, or mixed commercial applications, subject to council approval. Positioned within the heart of Morwell’s business district, the property benefits from steady pedestrian and vehicle flow and excellent branding opportunities. Businesses locating here can capitalize on nearby retail trade, government services, and regional transport links.
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205-207 Princes Dr
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