Dan Murphy's Princes Highway Pakenham, 8 Portobello Road,
Pakenham, VIC 3810
Shops & Retail • Showrooms & Large Format Retail • Development Sites & Land
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Car spaces
Property extent
Zoning
Tenure type
Sold on
Map of Dan Murphy's Princes Highway Pakenham, 8 Portobello Road
Strong trading Dan Murphy's investment with further development land
- 15 year lease to Woolworths Ltd
- Passing income of $400,000 p.a. + GST
- 1.216 ha site area
Dan Murphy's Princes Highway, Pakenham VIC
• Highly strategic site of 1.216 ha* with enormous frontage of 138 m* to Princes Highway
• Strong performing 1,438sqm Dan Murphy’s with proven trading history
• Significant passing income of $400,000 p.a. + GST
• 15 year lease to Woolworths Ltd (T/A Dan Murphy’s) commencing June 2011 with options until 2046
• Includes 5,750 sqm* of vacant land, ripe for immediate development
• Strong existing catchment area with a MTA estimated at 65,290 residents in 2015 and projected to increase to 107,840 residents by 2026**
• Robust trade area growth forecast with package liquor expenditure growing at an average of 8% pa until 2026**
• Within major retail precinct, surrounded by a host of national retailers providing huge anchors of retail activity including; Coles, ALDI, Masters, Bunnings and Officeworks.
• Flexible ‘Comprehensive Development Zoning’
*approx.
**Macro Plan Dimasi
• Highly strategic site of 1.216 ha* with enormous frontage of 138 m* to Princes Highway
• Strong performing 1,438sqm Dan Murphy’s with proven trading history
• Significant passing income of $400,000 p.a. + GST
• 15 year lease to Woolworths Ltd (T/A Dan Murphy’s) commencing June 2011 with options until 2046
• Includes 5,750 sqm* of vacant land, ripe for immediate development
• Strong existing catchment area with a MTA estimated at 65,290 residents in 2015 and projected to increase to 107,840 residents by 2026**
• Robust trade area growth forecast with package liquor expenditure growing at an average of 8% pa until 2026**
• Within major retail precinct, surrounded by a host of national retailers providing huge anchors of retail activity including; Coles, ALDI, Masters, Bunnings and Officeworks.
• Flexible ‘Comprehensive Development Zoning’
*approx.
**Macro Plan Dimasi
Property ID: 501655745Last Updated: 3 Apr 2017
Dan Murphy's Princes Highway Pakenham, 8 Portobello Road
Pakenham, VIC 3810
JLL - MelbourneLevel 33, 101 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Colliers - MelbourneLevel 30, 367 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Contact Agency
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
