29A/102-114 Gladesville Boulevard Patterson Lakes
Excellent Investment Opportunity
Morrison Commercial is proud to offer this excellent investment opportunity at the iconic Lakeview Shopping Centre.
The property is securely leased to Acai Wave Shack at a rental of $48,000pa with the current lease going through to November 2028.
Lease Details:
Rent: $48,000 plus GST
Lease Start: 21/11/2025
Term: Four (4) years
Further Terms: Three (3) years + Three (3) years
Increases: Fixed 4% annual, Market review in 2029.
The large retail district services a number of surrounding suburbs and is home to over 60 chain and independent retailers.
Inspections Strictly by appointment only.
All sizes are approximate.*
All figures are GST exclusive unless otherwise stated.**
Get to know Patterson Lakes
Patterson Lakes is 35 km from the Melbourne CBD and 9 km from Frankston. It is within the City of Kingston local government area. With convenient access to major roads including the Nepean Highway, Springvale Road, Eastlink, and the newly constructed Mordialloc Bypass, this area is perfectly situated for efficient operations.