SOLD
SOLD
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SOLD
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SOLD

Super 4,995sqm* Freehold – Massive Exposure

2 Livestock Way , Pakenham VIC

Property Highlights

Lease to December 2025 – No Option
Prime site with secure income
Combined 142* metres of frontage
Register to Bid

Description

Burgess Rawson is pleased to offer to the market Elders at 2 Livestock Way, Pakenham VIC for sale via Investment Portfolio Auction 157.

The property has the following investment highlights:
+Renewed lease to December 2025 with No Option!
+Annual CPI rent review.
+Multitude of opportunities to Re-Develop, Invest or Occupy.
+Elders: 180-year-old agribusiness success story, market cap of $2.05 billion.
+Strategically positioned less than 250 metres from the Victorian Livestock Exchange.
+Prominent 4,955sqm* freehold site with 142 metres* of combined frontage.
+Koo Wee Rup Road: major Pakenham arterial servicing 21,000 vehicles per day and currently undergoing a $2.27 billion upgrade.**
+Pakenham: Melbourne’s major eastern growth corridor, population estimated to increase 59.9% by 2041.***
+Cardinia Shire: Gross Regional Production of $4.46 billion with 9,559 local businesses supporting 33,219 local jobs.***
Estimated Net Income: $160,447 pa* + GST

For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 7 December 2022
Crown Casino – River Room

*Approx
**Gap Maps
***Economy.id

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Large Format Retail
Land Size
4,955 SQM
Building Area
1,060 SQM

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