Share this property

realcommercial.com.au
Colliers - Melbourne East

25 Link Road Pakenham, VIC 3810

Directions

25 Link Road,
Pakenham, VIC 3810

Warehouse, Factory & Industrial

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Zoning

Tenure type

Sold on

Colliers - Melbourne East
Luke Lowden
Daniel Telling
Sam Hibbins

Colliers - Melbourne East

Level 7, Chadstone Tower One 1341 Dandenong Rd
CHADSTONE, VIC 3148
Colliers - Melbourne East
25 Link Road
Pakenham, VIC 3810

Map of 25 Link Road

Directions

Set & Forget Industrial Investment Opportunity | Secure Long-Term Lease

  • Brand New A-Grade Building
  • Rapidly Rising Rental Market
  • 5-Year Lease
Colliers is proud to offer for sale 25 Link Road, Pakenham. This brand-new stand-alone office/warehouse is offered as a tenanted investment opportunity. The property was completed in late 2023 by renowned builder Campbell Constructions and has been leased on a 5-year term with renewal options.

Located in Pakenham’s Southeast Business Park, one of the Victoria’s fastest growing industrial corridors that is 90%+ built out which has led to quickly rising land values and rental rates. The property is 800 metres from the McGregor Road and Princes Freeway (M1) diamond interchange.

Property & Tenancy Highlights:
• 2,864sqm (approx.) total building area
• Standalone building that is securely fenced and gated
• High clearance warehousing, 5 on-grade roller doors and side hardstand
• 5-year lease (commencing 01/09/2023) with 3.50% fixed increases
• Passing Net Rent $285,800* per annum
• National covenant expanding their Victorian HQ

*Passing Net Rent at $99.79/sqm which is already approximately 15% below assessed market value based on the most recent Pakenham industrial leases. This highlights the rapid rental growth the Pakenham industrial market is experiencing and forecasted to continue to experience.

The property is offered for sale via private sale. To obtain further information or arrange an inspection please contact the Colliers sales agent.

*Outline indicative only

Property ID: 504506368Last Updated: 21 Mar 2024

Colliers - Melbourne East
Level 7, Chadstone Tower One 1341 Dandenong Rd
CHADSTONE, VIC 3148

Make an enquiry

What's your enquiry about?

Enter your details

More properties from Colliers - Melbourne East

Other properties you might be interested in based on the location and property type you are looking at.