SOLD
SOLD
SOLD
SOLD
SOLD
SOLD

10 Year Leases to 2028 + Options to 2043 – High Exposure Sites with 3.5% Increases

1/35-37 Bald Hill Road , Pakenham VIC

Property Highlights

Secure 10 year leases to Nov 2028
Tenant pays all usual outgoings
Superb 586sqm building
Register to Bid

Description

Tasman Butchers: established over 30 years with 9 stores across Melbourne
Easy customer access with excellent on-site parking Highly prominent strategic metropolitan locations
Sought after ‘Essential Service’ asset class
Secure 10 year leases to Nov 2028 plus options to 2043
Attractive 3.5% annual rent increases
Tenant pays all usual outgoings as per leases
Superb 586sqm building with corner exposure
Abundant car parking
Strategic main road position, central amongst Pakenham Market Place shopping centre (WW, Coles, Big W) and Bunnings, McDonalds located near by on the Princes Hwy feeder road
Cardinia Shire: forecast population growth to 200,238 (66% increase) by 2041
Net Income: $149,312 pa + GST

For Sale by Auction
Tuesday 10 August at 10.30am (AEST)
Crown Casino, Melbourne VIC

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Retail
Building Area
586 SQM

Price

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