Pakenham

Project 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).

* Relates to Bunnings Warehouse only

Land area

35,160 m²

The total GLA/retail area

14,867 m²

Lease Commencement Date

31/3/2011 *

Total Property Cost

$21,486,762

Current valuation

$29,600,000

Annual Rent

$2,011,024

Project Location

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