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51 John Street Pakenham

Sold $1,100,000

ENTRY LEVEL INVESTMENT

Leased to Aussizz Group
Modern Fit Out
Tenant Pays All Outgoings and 6% annual increases

Gerard Collins Real Estate are pleased to present for sale 51 John Street, Pakenham.
The key highlights of the opportunity include:
Leased by Aussizz Group on a secure Five Year Lease expiring 1st March 2028, returning $58,300 plus GST – 6% annual increases - tenant pays all outgoings except land tax
Comprising 188m2 building complete with rear access, off-street parking, heating & cooling and 8m frontage to John Street
Located between Pakenham Train Station, Pakenham Central Marketplace and Pakenham Place Shopping Mall.
John Street connects Pakenham’s two major shopping centres, providing excellent street exposure for all parties
Strong Lease in place with options through to 2038, invest in the strength of the South East


Sold
$1,100,000

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About This Property

  • Floor area approx 188sqm
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