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Shop 4/91 Main Street
Pakenham VIC 3810
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Sold on 4 Oct 2021

Shop 4/91 Main Street Pakenham VIC 3810

  • Shop & Retail
  • 130 m²
  • Sold

Vendor Favoured Non-Discretionary Tenanted Investment in the Heart of Pakenham

  • New 5-Year Lease
  • Recently Refurbished
  • Activity Hub Position

Stonebridge Property Group is pleased to offer for sale Shop 4, 91 Main Street, Pakenham.

Key highlights include:

- Leased to 'The Ultimate Asian Supermarket', a non-discretionary 'essential services' tenant with the luxury of continuous trade through lockdown periods

- Providing annual income of $33,000** + GST + Outgoings through a recently renewed 5-year net lease

- The well-exposed 130 sqm* open plan shop benefits from floor to ceiling windows, rear access and on-site exclusive amenity

- High foot traffic position in the centre of Pakenham, bookended by major supermarkets Coles & Woolworths

- Pakenham is positioned within the Cardinia Shire, part of Melbourne's booming south eastern growth corridor. Cardinia Shire comprises over 19,000 undeveloped lots and stands as Victoria's 4th fastest growing municipality^

* Approximately
** Income as at 2nd December 2021
^ Source: ForecastID

Are you interested in similar properties throughout Victoria's southeast growth corridor? Click on the below link for a complete summary of the 12 properties within the Private Investor Portfolio:

https://stonebridge.com.au/privateinvestorportfolio/

Shop 4, 91 Main Street, Pakenham is for sale by Expressions of Interest closing Wednesday 20th October 2021 at 5pm (AEDT). To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group and Cameron Real Estate:

Stonebridge Property Group:

Nic Hage
0448 782 594

Rorey James
0439 400 081

Sarah Xi
0468 320 297

Cameron Real Estate:

Michael Brennan
0431 586 526

Property Highlights

Date Sold4 Oct 2021
Floor Area130 m²
Land AreaAsk Agent
ParkingOn street parking
Building TypeWhole building
Property ID2017233220
Category
Last updated  4 Oct 2021
Map for Shop 4/91 Main Street Pakenham VIC 3810

Property Highlights

Date Sold4 Oct 2021
Floor Area130 m²
Land AreaAsk Agent
ParkingOn street parking
Building TypeWhole building
Property ID2017233220
Category
Last updated  4 Oct 2021
Level 19, 627 Chapel Street South Yarra VIC 3141

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