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236 Pakenham St 699 SF Retail Condo Unit Offered at $263,828 in Echuca, VIC 3564
Investment Highlights
- 138 m² retail property in Echuca’s central business district.
- Located opposite Australia Post and Westpac Bank, ensuring strong exposure.
Executive Summary
The property at 236-238 Pakenham Street, Echuca VIC, consists of a retail building of approximately 138m². The property is located in Echuca’s CBD, opposite Australia Post and Westpac Bank, in a high-visibility position.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | APN/Parcel ID | 4\LP58328 |
| Sale Type | Investment |
| APN/Parcel ID | 4\LP58328 |
Description
236 Pakenham Street offers an excellent opportunity for investors seeking a secure, centrally located retail property in Echuca’s bustling commercial precinct. Positioned directly opposite Australia Post and Westpac Bank, this property enjoys strong visibility and consistent pedestrian traffic, making it a highly desirable investment location.
Sale Notes
The property comprises approximately 65 m² of retail space and is currently leased until May 2028, with a further three-year option extending the lease to 2031. The tenancy generates an annual rental income of $18,357 plus outgoings, providing a reliable return for investors.
With its prime CBD location, long-term lease security, and affordable price point, this property is ideal as a first-time commercial investment or as a strategic addition to an existing portfolio.
With its prime CBD location, long-term lease security, and affordable price point, this property is ideal as a first-time commercial investment or as a strategic addition to an existing portfolio.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 236 | 699 SF | Retail | $263,828 ($377.44/SF) | - |
Unit 236
| Unit Size |
| 699 SF |
| Condo Use |
| Retail |
| Price |
| $263,828 ($377.44/SF) |
| NOI |
| - |
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Unit 236
| Unit Size | 699 SF |
| Condo Use | Retail |
| Price | $263,828 ($377.44/SF) |
| NOI | - |
| Sale Type | Investment |
| APN/Parcel ID | 4\LP58328 |
| Description | |
| 236 Pakenham Street offers an excellent opportunity for investors seeking a secure, centrally located retail property in Echuca’s bustling commercial precinct. Positioned directly opposite Australia Post and Westpac Bank, this property enjoys strong visibility and consistent pedestrian traffic, making it a highly desirable investment location.</li></ul> | |
| Sale Notes | |
| The property comprises approximately 65 m² of retail space and is currently leased until May 2028, with a further three-year option extending the lease to 2031. The tenancy generates an annual rental income of $18,357 plus outgoings, providing a reliable return for investors.<br> <br> With its prime CBD location, long-term lease security, and affordable price point, this property is ideal as a first-time commercial investment or as a strategic addition to an existing portfolio.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 1,485 SF | Floors | 1 |
| Property Type | Retail (Condo) | Typical Floor Size | 1,485 SF |
| Property Subtype | Storefront | Lot Size | 0.04 AC |
| Building Class | C |
| Total Building Size | 1,485 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 1,485 SF |
| Lot Size | 0.04 AC |
Amenities
- Signage
1 1
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Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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236 Pakenham St
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