Atlantic College, 1/2-4 Pacific Promenade,
Pakenham, VIC 3810
Shops & Retail • Offices
Price information
Sale
Contact Agent
Key property information
Land area
Floor area
Property extent
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$43,500
Number of Tenants
1 Tenant
Tenants / Type
Atlantic College
Private inspections
to arrange a private inspection.
Burgess Rawson - Melbourne
Level 20, 150 Lonsdale StreetMELBOURNE, VIC 3000
Atlantic College, 1/2-4 Pacific Promenade
Pakenham, VIC 3810
Map of Atlantic College, 1/2-4 Pacific Promenade
Train stations within 5 km of Atlantic College, 1/2-4 Pacific Promenade, Pakenham, VIC 3810 Distance Pakenham Station 2.7 km POWERED BY HERE ©Bus stops within 5 km of Atlantic College, 1/2-4 Pacific Promenade, Pakenham, VIC 3810 Distance Windermere BVD 78 m Volta Lane/Windermere BVD (Pakenham) 265 m Caspian Chase BVDLeigh Dr 472 m Ben DrLeigh Dr 584 m Emily CLLeigh Dr 931 m POWERED BY HERE ©
POWERED BY HERE ©
National Education Group With 3 Locations | Brand New 5 Year Lease to December 2028
- Large 174sqm* Premises Adjacent Coles
- Surrounded by 5 Schools 1,846 Students
- Fixed 3% Annual Rent Increases
Burgess Rawson are delighted to present to market the Atlantic College investment at 1/2-4 Pacific Promenade, Pakenham VIC for private sale.
The property has the following key investment highlights:
+ New Five (5) year lease to Atlantic College to December 2028.
+ Atlantic College: Certified education and training provider with locations in QLD and WA.
+ Expansive 174sqm* premises incorporating 7 classrooms, adjacent to Coles and 178 public car spaces.
+ Fixed, compounding 3% annual rent increases.
+ Tactical location, surrounded by 5 schools accommodating 1,846 full-time students within 3km*. (1)
+ Gateway location with direct access to and from Princes Highway only 250 metres away, with 8,200 vehicles passing daily. (1)
+ Set to benefit from future development nearby with $8bn in dwelling approvals (CY 2023) within 3km*.
+ Coles Cardinia Lakes is the only supermarket within 2.5km from the property providing a destinational location to the college and supporting a trade catchment of 23,490.
+ City of Whittlesea: one of Melbourne’s fastest growing municipalities with a resident population in excess of 245,000 people and an annual economic output of $27.52 billion. (3)
+ Income: $43,500 pa* + GST.
To be Sold via Private Sale.
For further information, please contact the Burgess Rawson team.
*Approx
(1) GapMaps
(2) Forecast.id
(3) RemPlan
The property has the following key investment highlights:
+ New Five (5) year lease to Atlantic College to December 2028.
+ Atlantic College: Certified education and training provider with locations in QLD and WA.
+ Expansive 174sqm* premises incorporating 7 classrooms, adjacent to Coles and 178 public car spaces.
+ Fixed, compounding 3% annual rent increases.
+ Tactical location, surrounded by 5 schools accommodating 1,846 full-time students within 3km*. (1)
+ Gateway location with direct access to and from Princes Highway only 250 metres away, with 8,200 vehicles passing daily. (1)
+ Set to benefit from future development nearby with $8bn in dwelling approvals (CY 2023) within 3km*.
+ Coles Cardinia Lakes is the only supermarket within 2.5km from the property providing a destinational location to the college and supporting a trade catchment of 23,490.
+ City of Whittlesea: one of Melbourne’s fastest growing municipalities with a resident population in excess of 245,000 people and an annual economic output of $27.52 billion. (3)
+ Income: $43,500 pa* + GST.
To be Sold via Private Sale.
For further information, please contact the Burgess Rawson team.
*Approx
(1) GapMaps
(2) Forecast.id
(3) RemPlan
Property ID: 504604532Last Updated: 27 Jun 2024
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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