Dan Murphy's Pakenham_Property for Sale
Dan Murphy's Pakenham_Property for Sale
8 Portobello Road, Pakenham, VIC, 3810, AU

Dan Murphy's Pakenham

Asset Description

JLL Retail Investments and Burgess Rawson are pleased to offer for sale Dan Murphy’s Pakenham, a rare opportunity to acquire a strong performing retail asset with further development potential, underpinned by one of Australia’s strongest lease covenants in a booming metro Melbourne location.

...

Attributes

Building area Gross
1,438 m²
Occupancy
100.00%
Year built
2010
NOI
€261,000

Media

Investment Highlights

  • 1,438 sqm* Dan Murphy’s store with approximately 83 at-grade car spaces
  • Expansive total landholding of 1.216 ha *
  • 5,750 sqm* of adjoining undeveloped land with flexible mixed-use potential (STCA)
  • Secure 15-year lease to Endeavour Group (ASX: EDV) Australia’s largest liquor and hospitality retailer
  • Strong performing Dan Murphy’s, paying turnover rent
  • Located in an established Metro Melbourne location with strong population growth
  • Limited competition - representing the only large format liquor store within Pakenham
  • Enormous frontage to Princes Highway of 138m* with daily passing traffic in excess of 34,000* vehicles


Dan Murphy’s Pakenham is for sale by Public Expressions of Interest closing 4:00pm (AEDT) Thursday 6th of October 2022.

 

To obtain further information or to arrange an inspection, please contact the exclusive selling agents, JLL and Burgess Rawson.


JLL


Stuart Taylor | 0428 000 000

Tom Noonan | 0402 319 698

Jarrod Herscu | 0418 155 062

MingXuan Li 李名轩 | 0498 688 998

 

Burgess Rawson


Zomart He | 0488 220 830

Matthew Wright | 0458 290 588

Billy Holderhead | 0422 817 696

Beau Coulter | 0413 839 898


*approx

Dan Murphy's Pakenham 4_Property for Sale
Dan Murphy's Pakenham 4_Property for Sale

Contact brokers

Dan Murphy's Pakenham (0 Properties)

Similar properties

View moreChevron Right
Do you have any questions? visit our FAQ page
View FAQ PageArrow Right
JLL can help you finance and manage your portfolio. Email us today to see how we can help achieve your ambitions.
Last updated
16 Aug 2023