12 Station StreetPakenham VIC 3810
Property Details for 12 Station St, Pakenham
Last Listing description (May 2025)
Ray White Commercial is exclusively engaged in selling this property, which is a secure investment opportunity.
Two restaurants in the heart of Pakenham. Activity Centre Zone allowing for future Retail/Office/Residential/ Medical development (STCA)
Prime Location
Multiple Income Streams
Two Tenants - GLA 345 m2*
Activity Centre
Commercial 1 Zone
Great landholding
Potential for future value-add
12 Station Street
Pakenham's most significant Indian Restaurant
Tenants pay all usual outgoings.
Net Income: $67,600 pa* + GST.
Lease: 8 Years - Expires February 2030
Fixed 4% annual rent increases.
14 Station Street
Specialised Pizza Restaurant
Corner premises with dual frontage and exposure.
Tenants pay all usual outgoings.
Net Income: $26,000 pa* + GST.
CPI annual rent increases.
Lease: 2 Years - Expires October 2024
Pakenham is Melbourne's central eastern growth corridor. Its population is estimated to increase by 59.9% by 2041.
Excellently located 200m from Pakenham Train Station and within the central Pakenham activity precinct, it is home to Chemist Warehouse, Pakenham Central Marketplace, Big W, Woolworths, and more.
For inspection by appointment, please get in touch with:
Ryan at 0400 380 438
OR
Will at 0422 883 011
*All areas and figures approx only. All boundaries are indicative only. All precautions have been taken to establish the accuracy of all information, but this does not constitute any representation by the Vendor or Agents.
Property History for 12 Station St, Pakenham, VIC 3810
- 12 Mar 2026Sold for $1,850,000
- 03 Dec 2023Listed for Sale Price on Application
- 04 Sep 2023Listed for Sale Price on Application
Recent sales nearby
See more recent sales nearby/assets/perm/fjivbl7lnqi6zktwnmim3mliyy?signature=0f25cf588484e74ba457222edfc70e3f72b330fb61df46c30a6da453fe9a20bb){kind=logo}
0/assets/perm/kp6it5be2yi6pjnl3eubs6ljym?signature=b8370c4a9c4c4794d1bb55b5d36586f33d0f65210dad1d6581b5dad479c7851b){kind=logo}
0/assets/perm/jfnbhlfrrai6vphwtxzj44uwra?signature=77553787ba586d4c715e29411a1553905275b27175542951191d2264178ddce9){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
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 27,489 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.
Suburb Insights for Pakenham 3810
Market Insights
Pakenham Trends for Houses
N/A
N/A
View TrendN/A
N/A
Pakenham Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
