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Trophy Dan Murphy’s Investment With Significant Undeveloped Land

8 Portobello Road , Pakenham VIC

Property Highlights

Proven Performer Above Threshold
Expansive 1.216Ha Site Area
5,750sqm Undeveloped Land

Description

+Secure 15 year lease to plus options to 2056.
+Dan Murphy’s: A subsidiary of Endeavour Group (ASX:EDV), a top ASX-50 listed company and Australia’s largest liquor retailer with 1,650 stores.
+A proven performing 1,438sqm* store, trading well above turnover rent threshold.
+Landmark 1.126ha* site with 83 at-grade car parks with enormous frontage to Princes Highway with 34,000* vehicles passing daily.
+5,750sqm* of adjoining undeveloped Comprehensive Development Zoned land, providing flexible mixed-use and value add potential (STCA).
+Located in an established and growing Metro Melbourne location of Pakenham with the population forecast to grow by 66% by 2041^.
+Limited Competition being the only large format liquor store within Pakenham.
+Strategically located directly opposite Bunnings, Officeworks and Home Co large format retail centre and adjacent to Coles anchored Lakeside Shopping Centre and Aldi.
+An Essential Service Investment.

Dan Murphy’s Pakenham is for sale by Public Expressions of Interest
Closing 4:00pm (AEST) Thursday 6th October 2022.

*Approx.
^Forecast.id

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Liquor
Land Size
12,160 SQM
Building Area
1,438 SQM

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