14 Main StreetPakenham VIC 3810
Property Details for 14 Main St, Pakenham
14 Main St, Pakenham is a 4 bedroom, 0 bathroom House. The property has a land size of 864m2. While the property is not currently for sale or for rent, it was last sold in November 2024.
Last Listing description (September 2024)
- This exceptional investment opportunity is situated on an expansive 864 sqm (approx.) parcel of land, perfectly located on a bustling main thoroughfare leading to the Pakenham shopping precinct. Currently operating as an Out of School Hours Care Centre, the premises are fully equipped with dedicated playrooms and a well-maintained playground at the rear, providing a ready-made facility for continued use or redevelopment. The property is in a top-tier position surrounded by commercial offices, shops, and community facilities, ensuring a steady stream of foot traffic and visibility.
The property's strategic location offers numerous advantages, including off-street parking for centre buses and cars, complete with a convenient circular driveway. This feature enhances accessibility and safety, making it ideal for its current use or any future ventures. The premises are well-maintained, reflecting the care and attention given to its upkeep, which adds significant value to any potential investor looking for a hassle-free acquisition.
The property's Activity Centre zoning further enhances its appeal, offering a prime opportunity for future development (STCA), whether as a commercial hub, retail space, or mixed-use development.
This property is ideally positioned for those looking to capitalize on its high-profile location and the substantial growth potential of the Pakenham area. With its versatile use options and strategic location on a significant municipal road, this investment promises not only immediate returns but also long-term capital growth. Don't miss out on securing a prime piece of real estate in one of Pakenham's most sought-after areas.
Property History for 14 Main St, Pakenham, VIC 3810
- 29 Nov 2024Sold for $980,000
- 03 Sep 2024Listed for Sale $1,000,000 - $1,100,000
- 28 Nov 2023Listed for Sale FOR SALE
Recent sales nearby
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0About 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 27,643 properties. Over the last 5 years, Houses in Pakenham have seen a 36.25% increase in median value, while Units have seen a 28.18% increase. As at 31 December 2025:
- The median value for Houses in Pakenham is $767,085 while the median value for Units is $515,793.
- Houses have a median rent of $550 while Units have a median rent of $500.
Suburb Insights for Pakenham 3810
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