Dan Murphy's Princes Highway Pakenham, 8 Portobello Road,
Pakenham, VIC 3810
Shops & Retail • Showrooms & Large Format Retail • Development Sites & Land
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Map of Dan Murphy's Princes Highway Pakenham, 8 Portobello Road
Strong trading Dan Murphy's investment with further development land
- 15 year lease to Woolworths Ltd
- Passing income of $400,000 p.a. + GST
- 1.216 ha site area
Dan Murphy's Princes Highway, Pakenham VIC
• Highly strategic site of 1.216 ha* with enormous frontage of 138 m* to Princes Highway
• Strong performing 1,438sqm Dan Murphy’s with proven trading history
• Significant passing income of $400,000 p.a. + GST
• 15 year lease to Woolworths Ltd (T/A Dan Murphy’s) commencing June 2011 with options until 2046
• Includes 5,750 sqm* of vacant land, ripe for immediate development
• Strong existing catchment area with a MTA estimated at 65,290 residents in 2015 and projected to increase to 107,840 residents by 2026**
• Robust trade area growth forecast with package liquor expenditure growing at an average of 8% pa until 2026**
• Within major retail precinct, surrounded by a host of national retailers providing huge anchors of retail activity including; Coles, ALDI, Masters, Bunnings and Officeworks.
• Flexible ‘Comprehensive Development Zoning’
*approx.
**Macro Plan Dimasi
• Highly strategic site of 1.216 ha* with enormous frontage of 138 m* to Princes Highway
• Strong performing 1,438sqm Dan Murphy’s with proven trading history
• Significant passing income of $400,000 p.a. + GST
• 15 year lease to Woolworths Ltd (T/A Dan Murphy’s) commencing June 2011 with options until 2046
• Includes 5,750 sqm* of vacant land, ripe for immediate development
• Strong existing catchment area with a MTA estimated at 65,290 residents in 2015 and projected to increase to 107,840 residents by 2026**
• Robust trade area growth forecast with package liquor expenditure growing at an average of 8% pa until 2026**
• Within major retail precinct, surrounded by a host of national retailers providing huge anchors of retail activity including; Coles, ALDI, Masters, Bunnings and Officeworks.
• Flexible ‘Comprehensive Development Zoning’
*approx.
**Macro Plan Dimasi
Property ID: 501655745Last Updated: 3 Apr 2017
Dan Murphy's Princes Highway Pakenham, 8 Portobello Road
Pakenham, VIC 3810
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