25 Link Road Pakenham VIC 3810

Colliers is proud to offer for sale 25 Link Road, Pakenham. This brand-new stand-alone office/warehouse is offered as a tenanted investment opportunity. The property was completed in late 2023 by renowned builder Campbell Constructions and has been leased on a 5-year term with renewal options.

Located in Pakenham's Southeast Business Park, one of the Victoria's fastest growing industrial corridors that is 90%+ built out which has led to quickly rising land values and rental rates. The property is 800 metres from the McGregor Road and Princes Freeway (M1) diamond interchange.

Property & Tenancy Highlights:
• 2,864sqm (approx.) total building area
• Standalone building that is securely fenced and gated
• High clearance warehousing, 5 on-grade roller doors and side hardstand
• 5-year lease (commencing 01/09/2023) with 3.50% fixed increases
• Passing Net Rent $285,800* per annum
• National covenant expanding their Victorian HQ

*Passing Net Rent at $99.79/sqm which is already approximately 15% below assessed market value based on the most recent Pakenham industrial leases. This highlights the rapid rental growth the Pakenham industrial market is experiencing and forecasted to continue to experience.

The property is offered for sale via private sale. To obtain further information or arrange an inspection please contact the Colliers sales agent.

*Outline indicative only