53-55 John Street,
Pakenham, VIC 3810
Shops & Retail
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Gross Waddell ICR - Commercial
Level 1, 30 Collins StreetMELBOURNE, VIC 3000
53-55 John Street
Pakenham, VIC 3810
Map of 53-55 John Street
HIGH PROFILE TOWN CENTRE INVESTMENT
** SOLD AT AUCTION **
Gross Waddell is pleased to present this prominent retail investment leased to well known tenant located within Pakenham’s retail centre surrounded by national tenants, major banks and cafes.
Situated between Pakenham Central & Pakenham Place Shopping Centres and close to a host of amenities including an abundance of public parking and transport options.
• Leased to high profile tenant - The Salvation Army
• Rental of $90,000p.a. + GST
• New 5 year lease (comm Sept 2020) plus two (2) further terms of five (5) years
• Annual 3% increases plus market reviews at options
• Land Area of 376sqm* across 2 lots
• Building Area of 344sqm*
*approx.
Gross Waddell is pleased to present this prominent retail investment leased to well known tenant located within Pakenham’s retail centre surrounded by national tenants, major banks and cafes.
Situated between Pakenham Central & Pakenham Place Shopping Centres and close to a host of amenities including an abundance of public parking and transport options.
• Leased to high profile tenant - The Salvation Army
• Rental of $90,000p.a. + GST
• New 5 year lease (comm Sept 2020) plus two (2) further terms of five (5) years
• Annual 3% increases plus market reviews at options
• Land Area of 376sqm* across 2 lots
• Building Area of 344sqm*
*approx.
Property ID: 503749014Last Updated: 2 May 2021
Gross Waddell ICR - CommercialLevel 1, 30 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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