10/24 Bormar DrivePakenham VIC 3810
Property Details for 10/24 Bormar Dr, Pakenham
Last Listing description (October 2023)
Secure Gated Complex
Ideal for small business
Vacant Possession
Located just off Bald Hill Road is this perfect factory. Floor area of 200m2 approx. with reception/office and amenities. Excellent factory floor area with three phase power 20 amps per phase and electric roller door. Floor to ceiling windows offer plenty of natural light. Two upstairs offices with built in cabinetry plus three carparks on title. Vacant possession will be provided, quality factory.
Property History for 10/24 Bormar Dr, Pakenham, VIC 3810
- 18 Dec 2023Sold for $594,000
- 18 Oct 2023Listed for Sale Contact Agent
- 03 Aug 2018Sold for $324,500
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0About Pakenham 3810
The size of Pakenham is approximately 85.9 square kilometres. There are 124 parks, covering nearly 5.8% of the 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 27,532 properties. Over the last 5 years, Houses in Pakenham have seen a 24.73% increase in median value, while Units have seen a 29.08% increase. As at 30 April 2026:
- The median value for Houses in Pakenham is $758,725 while the median value for Units is $557,779.
- Houses have a median rent of $560 while Units have a median rent of $500.
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