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: $498,630 per annum + GST + outgoings - Bond: 6-month bond via bank guarantee - Rental Increases: Fixed 4% rental increases per annum - Outgoings: Tenant responsible for all outgoings; non-retail lease - 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.
Email enquiry to AW Industrial - South East
Property ID: 504523032
Original Property ID: 504523032