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8 Portobello Road, PAKENHAM, VIC, 3810

+11 Photos

+13 Photos

SOLD

8 Portobello Road, PAKENHAM, VIC, 3810

Properties / Sold / Victoria / Pakenham

Tenanted Investment

1. Property Summary

Selling Method

EOI

Selling Details

Price on Request

Land Area

12,160 m² (*approx)

Floor Area

1438 m² (*approx)

Property Type

Retail, Land, Other

Terms

Secure 15 year lease to plus options to 2056

Fully Leased

Dan Murphy’s

Show All

2. Property Highlights

Trophy Dan Murphy’s Investment With Significant Undeveloped Land

Proven Performer Above Threshold
Expansive 1.216Ha Site Area
5,750sqm Undeveloped Land

+Secure 15 year lease to plus options to 2056.

+Dan Murphy’s: A subsidiary of Endeavour Group (ASX:EDV), a top ASX-50 listed company and Australia’s largest liquor retailer with 1,650 stores.

+A proven performing 1,438sqm* store, trading well above turnover rent threshold.

+Landmark 1.126ha* site with 83 at-grade car parks with enormous frontage to Princes Highway with 34,000* vehicles passing daily.

+5,750sqm* of adjoining undeveloped Comprehensive Development Zoned land, providing flexible mixed-use and value add potential (STCA).

+Located in an established and growing Metro Melbourne location of Pakenham with the population forecast to grow by 66% by 2041^.

+Limited Competition being the only large format liquor store within Pakenham.

+Strategically located directly opposite Bunnings, Officeworks and Home Co large format retail centre and adjacent to Coles anchored Lakeside Shopping Centre and Aldi.

+An Essential Service Investment.

Dan Murphy’s Pakenham is for sale by Public Expressions of Interest

Closing 4:00pm (AEST) Thursday 6th October 2022.

*Approx.

^Forecast.id

Remember to mention you found this property on CommercialReady

Property Type

Retail, Land, Other

Tenant

Dan Murphy’s

Terms

Secure 15 year lease to plus options to 2056

Land Area

12,160 m² (*approx)

Floor Area

1438 m² (*approx)

Selling Method

EOI

Selling Details

Price on Request

2. Property Highlights

Trophy Dan Murphy’s Investment With Significant Undeveloped Land

Proven Performer Above Threshold
Expansive 1.216Ha Site Area
5,750sqm Undeveloped Land

+Secure 15 year lease to plus options to 2056.

+Dan Murphy’s: A subsidiary of Endeavour Group (ASX:EDV), a top ASX-50 listed company and Australia’s largest liquor retailer with 1,650 stores.

+A proven performing 1,438sqm* store, trading well above turnover rent threshold.

+Landmark 1.126ha* site with 83 at-grade car parks with enormous frontage to Princes Highway with 34,000* vehicles passing daily.

+5,750sqm* of adjoining undeveloped Comprehensive Development Zoned land, providing flexible mixed-use and value add potential (STCA).

+Located in an established and growing Metro Melbourne location of Pakenham with the population forecast to grow by 66% by 2041^.

+Limited Competition being the only large format liquor store within Pakenham.

+Strategically located directly opposite Bunnings, Officeworks and Home Co large format retail centre and adjacent to Coles anchored Lakeside Shopping Centre and Aldi.

+An Essential Service Investment.

Dan Murphy’s Pakenham is for sale by Public Expressions of Interest

Closing 4:00pm (AEST) Thursday 6th October 2022.

*Approx.

^Forecast.id

Remember to mention you found this property on CommercialReady

Tenanted Investment