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3-7 Ellen Street

Morwell, VIC 3840, Australia

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About this property

Positioned in a bustling and high-traffic precinct, this expansive 2,027m² (approx.) vacant commercial block offers an outstanding opportunity for investors, developers, or business owners to secure a prime slice of Morwell's commercial landscape. Surrounded by established and thriving businesses, the site boasts excellent exposure and accessibilityperfectly suited for a wide range of commercial, retail, or mixed-use development (STCA). The generous frontage and flexible zoning further enhance its potential for future growth. Whether you're looking to expand your portfolio or bring a bold vision to life, this rare opportunity is not to be missed. Why this block stands out: High-visibility location in a busy commercial hub Surrounded by well-established local and national businesses 2,027m²* of level land with versatile development potential (STCA) Easy access to main roads and public transport Short distance to Morwell's CBD, train station, and major amenities Chattels: Vacant Land Deposit Terms: 10% of Purchase Price Preferred Settlement: 30/45/60 Days *STCA = Subject to Council Approval

Property Details

Property Type
land
Listing Type
For Sale
Land Area
2027 m²
Listed
3 months ago

Repayment calculator

$2,698/month
$1,349 /fortnight
Loan $445,200 at 6.10% over 30 years

Price estimated from comparable nearby — edit below to use your own number

Upfront costs

Deposit$111,300
Stamp duty$28,460
Conveyancing (est.)$2,000
Total upfront$141,760
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Morwell

This land in Morwell, VIC 3840 sits within reach of public transport, local shops and nearby schools.

Schools near Morwell

  • Virtual School Victoria - Bellum Bellum Blended Learning Hubcombined
  • Morwell Central Primary Schoolprimary · Prep-6 · CoEd
  • Morwell Park Primary Schoolprimary · Prep-6 · CoEd
  • Berry Street School - Morwell Campussecondary
  • Kurnai Collegesecondary · 7-12 · CoEd

What's nearby

  • Williams St/Well St (bus)3.6 km away
  • Woolworths3.7 km away
  • Unnamed2.7 km away
  • Unnamed2.8 km away
  • Unnamed3.2 km away

Morwell at a glance

Full suburb profile
Population
14,389
Median age
43
Household income
$942/wk
Median rent
$215/wk
Median mortgage
$953/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Morwell price trend

Median sold · House 3 bed

Compound growth +6.8% / yr over 4 yrs

$410kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Morwell market

Within 5km

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