Stonebridge Property Group is pleased to present for sale Repco Pakenham.
The key highlights of the opportunity include:
- Head lease to GPC (REPCO), a global powerhouse in automotive retailing with a strong market cap of $23.2bn (USD)
- The longstanding tenant boasts no further options from 2026 providing potential for significant rental uplift or occupier potential
- Centrally located 501 sqm* activity centre zoned landholding with 13.6m* of Station Street exposure – the retail backbone of Pakenham
- Strategically benefiting from dual retail frontages and thoroughfare access to Treloar Lane. The property enjoys major exposure to the Woolworths & BigW anchored Pakenham Central Marketplace
- Spanning 492 sqm* the open-plan building supports a multitude of future uses
- Pakenham forms part of the Cardinia Shire City Council - one of Australia’s fastest growing municipalities
- Cardinia Shire’s population is expected to increase 52.99% by 2041
Repco Pakenham is offered for sale via the Stonebridge National Portfolio Auction on Wednesday 28th June 2023 from 11am (AEST). To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.
Nic Hage
0448 782 594
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Sarah Xi ???
0468 320 297
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Rorey James
0439 400 081
* Approximately
** As at 1 September 2023
Property Code: 671