6/160 Main St,
Pakenham, VIC 3810

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Map of 6/160 Main St

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WELCOME TO PARADISE!

This well-performing entry-level investment is not to be missed. Located in the Manhattan Arcade toward the south end of Main Street it offers great exposure to passing traffic with great signage opportunities at the entrance to the walk-through.

Currently leased to a successfully operating massage therapy business. Lease details are as follows:
Rental: $16,231.77 + GST per annum
Term: 2-year lease expiring 31/05/2024, with a further 3-year option
Reviews: 3% with market reviews at option
Outgoings: Fully payable by the tenant excluding land tax

Contact Shannon Hynd on 0499 980 1... for further information or your inspection today!

Pakenham, 3810 demographic data

The median household income for Pakenham is $1,664, 12% lower than Greater Melbourne's household income of $1,901. Pakenham has a younger age profile compared to the rest of Greater Melbourne (median age 33 vs 37). Property ownership data shows 68% of property owners in Pakenham have a mortgage.

54,118

Population

$1,664 per week

Median household income

33 years

Median age

Owners

Most residents

Families

Most households