296 McGregor Road, Pakenham
| Sector | Warehouse, Factory & Industrial | |
| Land Area | 7,338sqm | |
| Floor Area | 4,533sqm | |
| Car Spaces | 66 |
Great Building! Great Rent! Even Better Main Road Exposure!
- Seconds from Princes Fwy
- Returning $539,318 PA with 4% increases
- Non-retail lease
AW Industrial proudly presents via Private Sale this premier investment opportunity at 296 McGregor Road, Pakenham, just 400m to Princes Fwy in South-East Business Park. This brand-new, high-quality building offers exceptional exposure and strategic positioning, with immediate access to Princes Hwy, you are buying an income stream and a main road asset for life.
Secure income, first class location and quality brand new build; available now via private sale. Don’t miss out!
Key Building Features:
– Total Building Size: 4,533sqm*
– Dual-Level Office: 396sqm*
– Total Land Size: 7,338sqm*
– Brand new built by renowned local builder 5Play Projects
– 4 large roller shutter doors
– Large side canopy with 66 car spaces
– Securely fenced and gated
– 400m to from Princes Fwy
– Fantastic Exposure
– Seconds from Greenhills Road (Future Thompsons Road)
– Exposure to soon-to-be-built Pakenham Bypass
Tenancy Details:
– 5 year lease with two 5 yr options commenced on 1/8/2023
– Annual Rental Income: $539,318 per annum + GST + outgoings
– Non – retail lease
– Bond: 6-month bond via bank guarantee
– Rental Increases: Fixed 4% rental increases per annum
– Outgoings: Tenant responsible for all outgoings; including land tax
– Depreciation benefits
Contact the agents at AW Industrial to book an inspection or request a copy of the lease.
*All information and measurements are approximate.
