SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD

Modern 2 Level Office Investment

Level 2 & 3/2-4 Pacific Promenade , Pakenham VIC

Property Highlights

Brand New 6 Year Lease
Opposite Coles Shopping Centre
Fixed 3% Annual Rent Increases
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Description

+Brand New 6 Year Lease to 2028.
+Strategically located directly opposite the Coles anchored shopping centre.
+Barrason’s Engineers: Established structural & civil consultancy firm.
+Immaculate 348*sqm office over 2 levels.
+Abundant on-site parking spaces.
+Fixed 3% annual rent increases, assuring growth.
+Tenant pays all the usual outgoings as per the lease.
+Significant depreciation benefits.
+Single tenant minimum management investment.
+Pakenham: Melbourne’s major eastern growth corridor, population is estimated to increase by 59.9% to 94,954 by 2041.
+Net Income: $87,000 pa + GST.

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

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Office
Land Size
1 SQM
Building Area
348 SQM

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