220 Princes HighwayPakenham VIC 3810
Property Details for 220 Princes Hwy, Pakenham
Last Listing description (October 2023)
Cameron is pleased to present 220 Princess Highway Pakenham for Sale via Expressions of Interest closing on the 16th March 2023 - Unless sold prior. Located in the heart of Pakenham, this site is only moments to M1, McGregor Road & Koo Wee Rup Road.
Total land area - 753 sqm
Key Features:
- Secure fencing and gate
- Thousands of daily passing traffic
- Local Cafes and fast food outlets around the corner such as McDonalds, KFC, Red Rooster and Subway.
- Surrounding businesses include Bunnings, Castellos Hotel, Officeworks, Coles, and Dan Murphys.
*** Expressions Of interest Closing at 3pm Thursday 16th March 2023 ***
With limited supply forecasted, please reach out to the exclusive selling agents Max Weinzierl and James Roux from Cameron for this exceptional development opportunity.
Property History for 220 Princes Hwy, Pakenham, VIC 3810
- 07 Aug 2023Sold for $950,000
- 09 Feb 2023Listed for Sale Offer Over $900,000 Ex GST
- 14 Oct 2019Listed for Rent $63,000 / year
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 27,956 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:
- The median value for Houses in Pakenham is $759,307 while the median value for Units is $543,054.
- Houses have a median rent of $560 while Units have a median rent of $500.
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