14 Racecourse Road, Pakenham, VIC 3810 | Property Value & History | OnTheHouse
OFF MARKET

14 Racecourse Road
Pakenham VIC 3810

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 111m2
Land area: 1011m2
We do not have enough data to display the calculated estimate for this property.
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Property Details for 14 Racecourse Rd, Pakenham

Building Type
Commercial
Year Built
2009
Floor Size
111m2
Land Size
1011m2
Local Government
Cardinia
Lot/Plan
1/TP96865

Last Listing description (October 2023)

Offers closing 5:00pm Wednesday 29 March 2023

Are you looking for a prime industrial property with a great location and ample space? Look no further than this freehold property with industrial zoning measuring 1012m2.

Located in a highly sought-after area, this property offers easy access to the train station, M1 Freeway, and Princes Hwy. The high profile site on Racecourse Road guarantees high traffic exposure. The property comes with a sturdy brick workshop and office space, as well as 3 phase power.

This freehold property is an excellent investment opportunity with endless potential for growth and development. Whether you are an established business looking to expand or searching for the perfect location to set up shop, this property is sure to meet all your needs.

Don't miss out on this fantastic opportunity! Contact us today to arrange an inspection or for more information, but hurry as this property is sure to sell fast!

Please note: All property details listed were current at the time of publishing. Due to extreme buyer demand, some properties may have been sold in the preceding 24 hours. Therefore confirmation of all opens with the listing agent within 24 hours of their scheduled opening is advised.

Property History for 14 Racecourse Rd, Pakenham, VIC 3810

A timeline of how this property has performed in the market
Last Sold
$850,000
30 Mar 2023
  • 30 Mar 2023
    Sold for $850,000
  • 15 Mar 2023
    Listed for Sale Sold
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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 27,826 properties. Over the last 5 years, Houses in Pakenham have seen a 27.62% increase in median value, while Units have seen a 21.84% increase. As at 31 March 2026:

  • The median value for Houses in Pakenham is $765,485 while the median value for Units is $521,961.
  • Houses have a median rent of $560 while Units have a median rent of $500.
There are currently 260 properties listed for sale, and 59 properties listed for rent in Pakenham on OnTheHouse. According to Cotality's data, 1516 properties were sold in the past 12 months in Pakenham.

Suburb Insights for Pakenham 3810

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

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.