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 175,45...