AW Industrial are pleased to offer 2 Commercial Drive Pakenham via private sale. The property is situated in the prime Industrial 1 zone of Pakenham with access to major roads such as Southeast Blvd, McGregor Road, and Princes Freeway. The property boasts a high-end quality build, extensive hardstand area and three street access points on Tarmac Way, Greenhills Road and Commercial Drive accommodating for easy truck maneuverability and car traffic.
Total Land Area: 10,485 sqm
Total Building Area: 2,421 sqm
Warehouse Area: 1,751 sqm
Ground Floor Showroom: 474 sqm
First Floor Office Area: 196 sqm
Key Features:
- Triple street access from Tarmac Way, Commercial Drive and Greenhills Road (Future Thompsons Road Extension)
- Concrete panel construction
- Extensive concrete hardstand area
- High profile corner location
- Future frontage to continuation of Thompsons Road
- Premium extensive fitout
- Potential space for further development (STCA)
Lease Details:
- Tenant: Dahlsens Building Centres PTY LTD (National Hardware Company)
- Lease term: 5 + 5 years
- Lease Commencement: 15th March 2024 with further options to 2034
- Rental Return: $450,000 per annum + GST + Outgoings
- Rental Increases: CPI annual increases
- Strong security in place with directors guarantees and bond
For further details or to schedule a private inspection, please contact the exclusive selling agents Max Weinzierl and Al Armstrong at AW Industrial. Experts in premium industrial real estate in South East Melbourne.
- Contract and Section 32 available on request.
*All information and measurements are approximate
