‘STRATCO’ Case Study

Location
222 Princes Highway, Pakenham

Property description
Land area: 1,253m2
Building area: 667m2

Date
Leased May 2015

Lease terms
3 x 3 year term
$160,000pa
Annual CPI reviews

Client
Stratco is a national outdoor building and home improvement supplier, with manufacturing centres and over 50 stores across Australia.

ICP Team

Graham ‘Josh’ Kendall and Ian Kilgour of Facey Industrial Commercial
Matthew Herrett of Link Property Services

Campaign

To find the ideal site for Stratco to locate in Pakenham. Requirements included Mixed Use zoning, site size, central location and exposure.

We received requirements from Stratco, from which we put together a list of suitable properties including the site at 222 Princes Highway. The property was ideal for its modern design, rear loading bay, Mixed Use zoning and highway frontage in Pakenham’s home retail precinct.

Outcome

Matthew Herrett from Link referred Stratco to Facey Industrial Commercial, who were able to use their local knowledge and experience in Melbourne’s South East to find the ideal site for Stratco’s Pakenham store.