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.

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Attributes

Building area Gross
1,438 m²
Occupancy
100.00%
Year built
2010
NOI
SGD 378,000

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

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Dan Murphy's Pakenham (0 Properties)

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Last updated
16 Aug 2023