154 Princes Highway, Pakenham, VIC 3810 sold on 29 April 2026 | OnTheHouse
 
SOLD
Sold on 29 Apr 2026 for $830,000

154 Princes Highway
Pakenham VIC 3810

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 586m2
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Property Details for 154 Princes Hwy, Pakenham

Building Type
Commercial
Land Size
586m2
Local Government
Cardinia
Lot/Plan
2/PS430477

Last Listing description (August 2026)

Positioned along one of the areas busiest arterial roads, 154 Princes Highway, Pakenham presents an outstanding opportunity to secure a high exposure freehold in a rapidly growing commercial corridor.

Set on a substantial land holding of approximately 586m, the property is improved by a dwelling of around 200m, offering immediate occupation with scope to adapt or enhance to suit a wide range of business uses.

Located within a General Residential Zone, the property lends itself to a variety of commercial or professional applications (STCA), including medical, consulting, allied health or office-based operations.

An opportunity like this is rarely offered in such a tightly held location, take this chance to secure your position in the heart of Pakenhams growth corridor. With the site seeing 30,000 + vehicles daily, this number will only grow with time.

Contact the exclusive agents below for more information or your inspection.

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Property History for 154 Princes Hwy, Pakenham, VIC 3810

A timeline of how this property has performed in the market
Last Sold
$830,000
29 Apr 2026
Listed for Rent
$300/w
09 Oct 2009
  • 27 Jul 2026
    Listed for Sale $830,000 - $910,000
  • 29 Apr 2026
    Sold for $830,000
  • 30 Mar 2026
    Listed for Sale $830,000 - $910,000
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About 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 28,157 properties. Over the last 5 years, Houses in Pakenham have seen a 16.16% increase in median value, while Units have seen a 22.12% increase. As at 31 August 2026:

  • The median value for Houses in Pakenham is $739,578 while the median value for Units is $537,426.
  • Houses have a median rent of $570 while Units have a median rent of $500.
There are currently 263 properties listed for sale, and 75 properties listed for rent in Pakenham on OnTheHouse. According to Cotality's data, 1325 properties were sold in the past 12 months in Pakenham.

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First National Real Estate Neilson Partners - NARRE WARREN
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