A unique holding of 20 acres / 8 HA adjoining the urban edge of Pakenham.
The property represents an excellent opportunity to purchase as a storage business with strong cash flow that will benefit from the continued growth of Pakenham.
Complete with newly renovated weatherboard residence. Comprising of four bedrooms, light filled living areas, encompassed by a mature garden setting.
Approximately 400 occupants year-round, a combination of vehicle storage along with fixed units. The size, location and associated infrastructure cannot be replaced or matched in Pakenham.
For further information, contact Todd Mckenna
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 27,957 properties. Over the last 5 years, Houses in Pakenham have seen a 21.51% increase in median value, while Units have seen a 24.18% increase. As at 30 June 2026:
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