New 7 year lease to February 2029 plus options to 2042.
Pizza Hut: world’s largest pizza chain with 270 stores across Australia and over 12,000 worldwide.
Fixed 3% annual rent increases.
Tenant pays all usual outgoings.
New shop with dual retail exposure and high quality tenant fit-out.
Rapidly expanding residential precinct amongst supporting retailers including liquor and fast food.
Pakenham: Melbourne’s major eastern growth corridor, population estimated to increase 59.9% by 2041.
Net Income: $41,710 pa* + GST.
For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 14 September 2022
Crown Casino - River Room
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6/1 Hunt Way, PAKENHAM, VIC, 3810