296 McGregor Road, Pakenham, VIC, 3810

AW Industrial proudly presents via Private Sale this premier investment opportunity at 296 McGregor Road, Pakenham, just 400m to Princes Fwy in South-East Business Park. This brand-new, high-quality building offers exceptional exposure and strategic positioning, with immediate access to Princes Hwy, you are buying an income stream and a main road asset for life.

Secure income, first class location and quality brand new build; available now via private sale. Don't miss out!

Key Building Features:

- Total Building Size: 4,533sqm*

- Dual-Level Office: 396sqm*

- Total Land Size: 7,338sqm*

- Brand new built by renowned local builder 5Play Projects

- 4 large roller shutter doors

- Large side canopy with 66 car spaces

- Securely fenced and gated

- 400m to from Princes Fwy

- Fantastic Exposure

- Seconds from Greenhills Road (Future Thompsons Road)

- Exposure to soon-to-be-built Pakenham Bypass

Tenancy Details:

- 5 year lease with two 5 yr options commenced on 1/8/2023

- Annual Rental Income: $498,630 per annum + GST + outgoings

- Bond: 6-month bond via bank guarantee

- Rental Increases: Fixed 4% rental increases per annum

- Outgoings: Tenant responsible for all outgoings; non-retail lease

- Depreciation benefits

Contact the agents at AW Industrial to book an inspection or request a copy of the lease.

*All information and measurements are approximate.

Remember to mention you found this property on CommercialReady