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
Train stations within 5 km of 2/3-11 Bate Close, Pakenham, VIC 3810 Distance Pakenham Station 1.8 km POWERED BY HERE ©Bus stops within 5 km of 2/3-11 Bate Close, Pakenham, VIC 3810 Distance 46 Cameron Way 1.2 km Racecourse RdRailway Ave 1.3 km Azola Dr/Racecourse Rd (Pakenham) 1.3 km Webster WayBald Hill Rd 1.4 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.
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
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2/3-11 Bate Close
Pakenham, VIC 3810
Harcourts - Pakenham Level 1, 48 Station Street
PAKENHAM, VIC 3810
PAKENHAM, VIC 3810
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