Wilson Property

4/49 John Street,
Pakenham

Property photo 1 — 4/49 John Street PakenhamSold1 of 7

Entry Level Investment Bookended between Major Supermarkets Coles & Woolworth's

Offices

175m2 FLOOR|187m2 LAND

Sold - $861,000

  • Leased to National Tenant
  • Modern Open Plan Fit Out
  • Tenant Pays All Outgoings

Wilson Property in conjunction with Stonebridge Property Group are pleased to present for sale Shop 4/49 John Street, Pakenham.

The key highlights of the opportunity include:

- Leased by listed property group, Lendlease, on a triple net lease - tenant pays all outgoings including land tax

- Comprising an open plan and versatile 175 sqm* building complete with rear access, off-street parking and 8m+ frontage

- Providing net annual income of $40,518* + GST + Outgoings

- Strategically located between Pakenham Train Station, Pakenham Central Marketplace (Woolworth's) and Pakenham Place Shopping Mall (Coles)

- John Street is the popular route that connects Pakenham's two major shopping centres, providing valuable exposure to current and future tenants

- Pakenham is positioned within the Cardinia Shire, part of Melbourne's booming south eastern growth corridor. Cardinia Shire comprises over 19,000 undeveloped lots and stands as Victoria's 4th fastest growing municipality^

*Approximate

4/49 John Street, Pakenham is offered For Sale via Deadline Sale closing Thursday 3rd November 2022 at 1PM. To obtain further information or to arrange an inspection, please contact the exclusive selling agents:

Wilson Property:

Ben Wilson
0412 525 542

Emma Dunne
0407 865 838

Stonebridge Property Group:

Nic Hage
0448 782 594

Rorey James
0439 400 081

Sarah Xi
0468 320 297

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