Prime retail investment located opposite new Pakenham Central shopping centre. With frontage to busy John St, this centrally located shop is a perfect opportunity to get a foothold in the thriving and growing Pakenham region.
Leased as a chinese restaurant, with a 5 year lease commencing 1st December 2013, with 2 further 5 year options. Current rent $40,560 p.a. net, with fixed 4% increases. Market review due 1st December 2018. All chattels belong to the lessor.
Great opportunity to secure a retail investment, with future growth in the region pushing values.
Contact Facey Industrial now on 9793 4455