Suite 1/1 Cook Dr, Pakenham, VIC 3810 | Commercial for sale | OnTheHouse
 
FOR SALE
$640,000 - $680,000

Suite 1/1 Cook Drive
Pakenham VIC 3810

Bedrooms: -
Bathrooms: -
Car spaces: 4
Floor area: 147m2
Land area: 147m2
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Prominent Office Space in Prime Pakenham Location!

Positioned for high visibility and convenience, this ground and first-floor office suite at 1/1 Cook Drive, Pakenham is an excellent addition to any property portfolio. With a secure lease now in place, this property offers investors a chance to enjoy steady rental income and long-term value growth in a prime location.
Rental income: $32,000 per annum + outgoings
Securely leased until January 2027, with further 2.5-year options in place
Ground Floor: 53.5m²
First Floor: 93.6m²
Freshly painted with ample natural light, this property offers a modern, welcoming atmosphere over two levels.
Heating and cooling throughout for year-round comfort
Four secure, designated car parks (including two undercover) with a locked security gate
Shared amenities, including a copy room and spacious foyer
Invest in a tenanted, income-generating asset in a thriving commercial precinct with significant potential for capital growth.
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Property Details for Suite 1/1 Cook Dr, Pakenham

Building Type
Commercial
Floor Size
147m2
Land Size
147m2
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About Pakenham 3810

The size of Pakenham is approximately 85.9 square kilometres. It has 124 parks covering nearly 5.8% of total area. The population of Pakenham in 2016 was 46421 people. By 2021 the population was 54118 showing a population growth of 16.6% in the area during that time. The predominant age group in Pakenham is 30-39 years. Households in Pakenham are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Pakenham work in a trades occupation.In 2021, 65.00% of the homes in Pakenham were owner-occupied compared with 65.00% in 2016.

Pakenham has 27,638 properties. Over the last 5 years, Houses in Pakenham have seen a 36.70% increase in median value, while Units have seen a 41.18% increase. As at 30 November 2025:

  • The median value for Houses in Pakenham is $756,337 while the median value for Units is $551,951.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 191 properties listed for sale, and 80 properties listed for rent in Pakenham on OnTheHouse. According to Cotality's data, 1457 properties were sold in the past 12 months in Pakenham.

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