Pakenham, VIC

Cardinia Club

FULLY SUBSCRIBED – This Property is part of a Closed Trust – To view open Investment Opportunities please Click Here

The Cardinia Club is a well-established hospitality and gaming facility offering two bars, a restaurant, 105 gaming machines, TAB, function rooms and onsite parking.

The property comprises approximately 1.665 hectares of land of which approximately 2,757sqm is available for development subject to development approval and the provision of 6 months’ notice to the tenant. A 64 room ‘Mercure’ Hotel has been constructed to the immediate north of the property since acquisition.

Key Property Details

  • PROPERTY TYPE:Hospitality
  • LETTABLE AREA:2,230 square meters
  • SITE AREA:16,550 square meters
  • OCCUPANCY:100%
  • MAJOR TENANTS:Pakenham Racing Club Incorporated