Blue Chip Pakenham Investment
- Tenanted investment
- 7 Year first term (75% remaining)
- Act today!
Cameron is pleased to present this near new facility which is a great opportunity for investors. Sold with a seven-year term, fully secured lease that commenced in August 2021, you can invest with confidence. The rental will produce $475,248 pa, with a 3% annual review and option for two further five-year terms.
In a prime location, this property has excellent connectivity as it is close to the Pakenham township and freeway access. Additionally, it has an ample on-site car parks, wide access, and great truck access to and from the warehouse.
Rare stand-alone premises with a large land area of 8774 m², this property boasts a low-site coverage. The spacious land allows for a huge 5315 m² high-clearance warehouse with electric roller doors under a weather canopy, and an expansive two-level office.
Land area: 8,774 m² approx.
Total Building area: 5,511 m²
Warehouse: 4,900m²
Ground floor office / Showroom: 414m²
First floor office: 196m²
Property Features:
– High internal clearance
– Electric roller doors under weather canopy
– Near new facility
– Premium internal fit-out
– Secure lease – purchase as a going concern (GST waived)
Tenancy Details:
Fully secured lease to T.C. Boxes Australia Pty Ltd
Term: 7 years commenced August 2021
Rental: $475,248 P.A + GST + Outgoings
Reviews: 3% annually
Options: Two further terms of 5 years
With limited supply forecasted, please reach out to the exclusive agents from Cameron to secure this blue chip Pakenham investment today!