217 Greenhills RoadPakenham VIC 3810
Property Details for 217 Greenhills Rd, Pakenham
Last Listing description (August 2022)
CBRE & Cameron Real Estate are excited to exclusively offer 217 Greenhills Road, Pakenham For Sale via Expressions of Interest closing Thursday 14th October 2021 at 3pm AEDT.
This facility is being built to the highest standards by prominent industrial builder Campbell Constructions, and is due for completion in Feb 2022.
The property is exceptionally located within the booming Pakenham industrial precinct, with convenient access to the Princes Freeway (M1) via Koo Wee Rup Rd.
Property features include:
+ Warehouse area 2,978sqm* - high clearance with provisions for a 10T Crane (6.0m under hook)
+ Single level corporate office area 186sqm* - first class finishes
+ Total building area 3,164sqm*
+ Total land area 6,046sqm*
+ Five (5) container height roller doors.
+ All-weather loading canopy
+ Dual street crossovers onto Industrial Drive and Greenhills Road
+ Expansive hardstand with drive through truck capabilities
+ 46 on-site car spaces
+ Brand new office/warehouse with depreciation benefits
Tenancy overview:
+ Tenant: A.S.A Coatings Pty Ltd T/A Metal Zone
+ Passing rent: $253,000 per annum (net)
+ Term: 5 years
+ Options: 5 + 5 years
+ Practical completion: Feb 2022
+ Rent reviews: 3% annually
+ Outgoings: 100% of the outgoings paid by the tenant
To request a copy of the Information Memorandum or to arrange a site visit, please contact CBRE or Cameron Real Estate.
*approx.
Property History for 217 Greenhills Rd, Pakenham, VIC 3810
- 26 Oct 2021Sold for $5,105,000
- 25 Mar 2021Listed for Sale Please contact agent
- 25 Mar 2021Listed for Rent - Price not available
Recent sales nearby
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0About 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 28,173 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.
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