Pakenham

855 Princes Highway, Pakenham, VIC, 3810

Property Description

The property is located on the north-eastern corner of Princes Highway and O'Brien Street, Pakenham, approximately 61 kilometres south-east of the Melbourne central business district. The site comprises a Bunnings Warehouse with a total retail area of 11,814 square metres, as well as three showrooms leased as outlets for Officeworks (2,097 sqm), Dollar Curtains and Blinds (478 sqm) and Jetts Gym (478 sqm).

Land area

35,160 m²

The total GLA/retail area

14,867 m²

Bunnings lease commencement date

31/3/2011*

*refers Bunnings lease commencement only

Total Property Cost

$21,729,246

Current valuation

$44,900,000

Annual Rent

$2,527,761

Property Location

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