135 Main Street, PAKENHAM VIC 3810
Price on Request (under offer)
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- 27 Oct 2016
Busy Metro Retail Strip - Long-Standing Butcher Shop for 30+ Years
Renewed 3 year lease to May 2019 plus options through to May 2025.
Fixed annual 3% rent increases.
Tenant pays all usual outgoings.
Large 250 sqm site with dual retail frontage to main street and public car park at rear.
Premium Commercial 1 Zoning.
Central position within thriving retail strip with numerous national retailers including CBA, Chemist Warehouse, Westpac, ANZ, Aust Post, etc, close to Pakenham train station.
Easily managed, single tenant investment.
Pakenham & Cardinia Shire Council: undergoing significant residential development with 94,492 population forecast to grow to 175,453 by 2036.
Rent: $67,638 pa.
Auction 11am AEDT Wednesday 26 October 2016
River Room, Crown Casino, Melbourne
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
135 Main Street PAKENHAM