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2/3-11 Bate Close Pakenham, VIC 3810

Directions

2/3-11 Bate Close,
Pakenham, VIC 3810

Warehouse, Factory & Industrial

Price information

Sale

$620,000 including GST

Key property information

Land area

Floor area

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$39,700
Number of Tenants
3 Tenants

Private inspections

to arrange a private inspection.

Map of 2/3-11 Bate Close

Directions
  • Train stations within 5 km of 2/3-11 Bate Close, Pakenham, VIC 3810Distance
    Pakenham Station1.8 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 2/3-11 Bate Close, Pakenham, VIC 3810Distance
    46 Cameron Way1.2 km
    Racecourse RdRailway Ave1.3 km
    Azola Dr/Racecourse Rd (Pakenham)1.3 km
    Webster WayBald Hill Rd1.4 km
    Harness Pl/Barrington Dr (Pakenham)1.4 km
    POWERED BY HERE ©
POWERED BY HERE ©

An Unparalleled Investment in a Rapidly Expanding Community

This commercial property at 2/3-11 Bate Close, Pakenham, represents a unique investment opportunity in an area witnessing significant growth. With the development of over 7,500 homes in the new Pakenham East precinct and a steady influx of families, this location is poised for substantial commercial demand.

Key Investment Highlights:

Dynamic Growth Area: The expansion of the Pakenham East precinct signals a bright future for the area, boosting the potential for commercial space demand.
Strategic Location: Merely 600m from the Pakenham East Train Station and around 60km from Melbourne CBD, plus close proximity to the M1 freeway, this property offers excellent accessibility.

Current Leasing and Income Details:
Office 1: $7,800 p/a - EMPTY
Office 2: $6,000 p/a - LEASED
Office 3: $8,400 p/a - EMPTY
Office 4: $4,500 p/a - LEASED
Rear Factory/Carparks: $13,000 p/a - LEASED
Total Annual Revenue (with full occupancy): $39,700


Excellent Condition: The property is in top condition, complete with a full alarm system, gated entry, and secure locking for each office, ensuring tenant safety and security.
Modern Office Spaces: Each office is designed to cater to contemporary business needs, ensuring a productive environment.
Versatile Spaces: With various office sizes and a rear factory area, the property can accommodate different business types.


Capital Growth Potential: Located in an area of rapid residential and commercial development, this property is an investment in a promising future.
Suitable for Diverse Investors: Ideal for enhancing your SMSF or establishing your business base, this property offers flexibility in investment strategies.


2/3-11 Bate Close in Pakenham is more than a commercial property; it's a strategic investment in a thriving and expanding community. With its prime location, robust income potential, and top-notch security features, it stands out as a smart and promising investment.

For more information or to explore this unique opportunity, contact Tain Bartholomew.

Property ID: 504501932Last Updated: 21 Mar 2024

0401 339 3...
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2/3-11 Bate Close
Pakenham, VIC 3810
Harcourts - Pakenham
Level 1, 48 Station Street
PAKENHAM, VIC 3810
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