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Vinci Carbone Property Pty Ltd - Melbourne

2/1 Webster Way Pakenham, VIC 3810

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2/1 Webster Way,
Pakenham, VIC 3810

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Vinci Carbone Property Pty Ltd - Melbourne
Joseph Carbone

Vinci Carbone Property Pty Ltd - Melbourne

Level 10, 100 Collins Street
MELBOURNE, VIC 3000
Vinci Carbone Property Pty Ltd - Melbourne
2/1 Webster Way
Pakenham, VIC 3810

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Long Proven Established Business, 10 Year Lease Term Certain, 4% Increases

  • Secure 15 year lease plus options
  • Attractive annual 4% rent increases
  • Long proven established business
+Pakenham Fruit & Veg Market: Long established proven business with large wholesale and retail business lines
+Secure 15 year lease to 2032 plus options to 2042
+Tenant pays all usual outgoings as per the lease
+Attractive rental growth assured with annual 4% increases
+Highly sought after ‘Essential Service’ asset class
+Superb 816sqm building including mezzanine with outstanding exposure
+Convenient level access plus an abundant of on-site carparking
+Strategic main road position, central amongst Pakenham Market Place shopping centre (WW, The Reject Shop, Big W) and Bunnings, McDonalds located nearby on the Princes Hwy feeder road
+Pakenham: Melbourne’s major eastern growth corridor, population estimated to increase 59.9% to 94,954 by 2041
+Cardinia Shire: forecast population growth to 200,238 (66% increase) by 2041
+Net Income: $78,586 pa + GST (Dec 22)

For Sale by Portfolio Auction
Wednesday 3 August at 10.30am (AEST)
Crown Casino, Melbourne VIC

Property ID: 504107375Last Updated: 19 Jul 2024

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