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251 Princes Dr 0.69 Acres of Commercial Land Offered at $2,123,130 in Morwell, VIC 3840
Investment Highlights
- High-profile corner block providing maximum visibility and development flexibility.
- Close proximity to the Morwell CBD, train station, and postal services.
- Central location within an evolving regional hub with strong transport connectivity.
- Approximately 2,800 m² of land positioned within a short walk of essential services.
- Surrounding investments include major government infrastructure developments.
Executive Summary
An exceptional opportunity awaits investors and developers with this commanding 2,800 m² development parcel in Morwell. Positioned on a highly visible corner location, the property offers unmatched exposure and accessibility for a wide range of development options. With proximity to critical amenities including the CBD, train station, and post office, this site combines convenience with connectivity.
Significant infrastructure investment in the area, highlighted by a multi-million-dollar government hub development nearby, is driving strong growth and shaping Morwell as an increasingly important commercial and service destination within the Latrobe Valley. The area’s excellent transport links, combined with anticipated economic expansion, provide added appeal for commercial, mixed-use, or specialized projects. Whether your objective is to establish a landmark development or leverage long-term growth prospects, this site offers a foundation for lasting value.
Significant infrastructure investment in the area, highlighted by a multi-million-dollar government hub development nearby, is driving strong growth and shaping Morwell as an increasingly important commercial and service destination within the Latrobe Valley. The area’s excellent transport links, combined with anticipated economic expansion, provide added appeal for commercial, mixed-use, or specialized projects. Whether your objective is to establish a landmark development or leverage long-term growth prospects, this site offers a foundation for lasting value.
Property Facts
| Price | $2,123,130 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 0.69 AC |
| Price | $2,123,130 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.69 AC |
1 Lot Available
Lot
| Price | $2,123,130 | Lot Size | 0.69 AC |
| Price Per AC | $3,068,568.24 |
| Price | $2,123,130 |
| Price Per AC | $3,068,568.24 |
| Lot Size | 0.69 AC |
Description
The site at 251 Princes Drive, Morwell encompasses approximately 2,800 m² of land on a corner position within an established urban area of the Latrobe Valley. It is situated near Morwell’s central business district and the town’s railway station. Key regional infrastructure, including a planned government development project, is positioned nearby, contributing to future area growth. The location provides access to local services and transportation routes.
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251 Princes Dr
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