16 King StreetPakenham VIC 3810
Property Details for 16 King St, Pakenham
Last Listing description (May 2026)
Goldbank Real Estate proudly presents an exceptional opportunity in the heart of Pakenham's vibrant town centre.
Set on approximately 1,027m of Activity Centre Zoned (ACZ1) land, this property offers enormous future potential for developers, investors, or owner-occupiers alike. Subject to Council Approval (STCA), the site lends itself to medium- to high-density residential, mixed-use, or commercial development perfectly positioned within Pakenham's growing urban hub.
The existing residence features:
Three spacious bedrooms
Two well-appointed bathrooms
Generous living and dining zones
Ample off-street parking with space for multiple vehicles
Located just moments from Pakenham Train Station, Main Street shopping precinct, cafs, medical centres, and schools, this address offers both exceptional convenience and strong future growth prospects.
Whether you're looking to develop, invest, or landbank, 16 King Street delivers the perfect balance of immediate comfort and long-term potential in one of Pakenham's most strategically positioned corridors.
For more information or to arrange a private inspection, please contact:
Vikram Raichura 0413 396 797
Sukhdeep Singh 0412 003 466
(PHOTO ID REQUIRED AT OPEN FOR INSPECTION)
Note: Due Diligence Checklist: http://www.consumer.vic.gov.au/duediligencechecklist
Disclaimer: All dimensions are approximate. Information provided is for general guidance and does not represent a vendor or agent's offer.
Property History for 16 King St, Pakenham, VIC 3810
- 29 Oct 2025Sold for $870,000
- 21 Oct 2025Listed for Sale 870000
- 27 Dec 2017Sold for $550,000
Recent sales nearby
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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 27,518 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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