209-211 Greenhills Road, Pakenham, VIC, 3810

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!

Remember to mention you found this property on CommercialReady