Stonebridge Property Group are pleased to present for sale 200-204 Princes Highway, Pakenham (corner Pakenham Road). 

• A strategic and underutilised 2,922sqm* Mixed Use Zoned landholding with 110m+ of combined street frontage and fully net lease to AAA+ high profile tenant (tenant pays land tax)
• Positioned on the high exposure corner of Princes Highway & Pakenham Road, the property benefits from massive exposure to 37,000* passing cars daily
• Multiple access points, vast corner frontage and exposure to passing traffic are major asset advantages well suited to multiple future uses, notably, convenience-based retail, childcare, and fast food
• Leased until May 2023, the property provides an ideal landbank or medium-term development opportunity – currently providing net annual income of $190,000*
• Located in close proximity to schooling and just 1km from the Pakenham Lifestyle Centre, anchored by Bunnings, Officeworks & Aldi
• Pakenham is positioned within the Cardinia Shire, part of Melbourne’s booming south eastern growth corridor. Cardinia Shire comprises over 19,000 undeveloped lots and stands as Victoria’s 4th fastest growing municipality

*Approximately.

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