CBRE is pleased to offer to the market G.J. Gardner Homes, located at 7/1 Hunt Way, Pakenham VIC, for sale via Investment Portfolio Auction 182.

This opportunity has the following key investment highlights:

+ New 5-year lease to G.J. Gardner Homes to November 2030.
+ Two (2) further five (5) year options to 2040.
+ G.J. Gardner Homes: Established in 1983 and operating across Australia, New Zealand and the United States.
+ Fixed 3.5% annual rent increases, ensuring rental growth.
+ Landlord preferred net Lease with Tenant paying usual outgoings, excluding land tax.
+ Brand new construction (completed in 2025), offering income tax-saving depreciation benefits.
+ Modern 103sqm* showroom/office with recently completed tenant fit-out.
+ Strategic central location between major residential developments in Cardinia Waters Village (358 homes) and The Village (275 future homes), with direct access to Princes Highway, with exposure to 27,000+ cars passing daily.^
+ Rapidly expanding residential precinct amongst supporting retail amenities, including Pakenham Place, Pakenham Marketplace & HomeCo. Pakenham, with national tenants, including ALDI, Bunnings, Coles, McDonald’s and Woolworths.
+ Pakenham: central within Melbourne’s major eastern growth corridor, population estimated to increase 59.9% by 2041.^^
+ City of Casey: One of Victoria’s fastest growing LGA’s with a population forecast to increase 48.4% to a significant 614,075 by 2046.^^
+ Estimated Net Income: $40,225 pa* + GST

For Sale by Investment Portfolio Auction
10:30 am AEDT Wednesday 25 February 2025
River Room, Melbourne Crown Casino, VIC

Please contact the exclusively appointed team for more information.

* Approx
^ Gapmaps
^^ Forecast.Id