PetStock, 55 Bald Hill Road,
Pakenham, VIC 3810
Shops & Retail • Showrooms & Large Format Retail • Warehouse, Factory & Industrial
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Map of PetStock, 55 Bald Hill Road
Renewed 10 Year Lease to Leading National Retailer
- Petstock: Longstanding tenant 10+ Yrs
- Booming Location: Projected 73% Growth
- 3% rent increases/Tenant pays o/goings
Recently renewed 10 year lease to July 2026 plus option to 2031.
Petstock: Hugely successful pet supplies and veterinary chain in 156 locations nationally - in occupation 10+ years.
Established business in rapidly evolving precinct, evidenced by the recent addition of Bunnings, brand new McDonald’s (under construction) and Racecourse. Redevelopment (500+ lot residential subdivision).
Strategic 2,023 sqm site located between Racecourse Road (Princes Freeway link) and Pakenham CBD/Train Station.
Fixed annual 3% rental increases.
Tenant pays all usual outgoings excluding land tax.
Single tenant minimum management investment.
Booming Pakenham/Pakenham East: Population forecast to grow by 73% by 2036 (source: .id).
Rent:$133,900 pa.
Auction 12 noon AEDT Wednesday 28 February 2018
River Room, Crown Casino, Melbourne
Petstock: Hugely successful pet supplies and veterinary chain in 156 locations nationally - in occupation 10+ years.
Established business in rapidly evolving precinct, evidenced by the recent addition of Bunnings, brand new McDonald’s (under construction) and Racecourse. Redevelopment (500+ lot residential subdivision).
Strategic 2,023 sqm site located between Racecourse Road (Princes Freeway link) and Pakenham CBD/Train Station.
Fixed annual 3% rental increases.
Tenant pays all usual outgoings excluding land tax.
Single tenant minimum management investment.
Booming Pakenham/Pakenham East: Population forecast to grow by 73% by 2036 (source: .id).
Rent:$133,900 pa.
Auction 12 noon AEDT Wednesday 28 February 2018
River Room, Crown Casino, Melbourne
Property ID: 502695546Last Updated: 3 May 2021
04118608...
PetStock, 55 Bald Hill Road
Pakenham, VIC 3810
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
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