24 Commercial DrivePakenham VIC 3810
Property Details for 24 Commercial Dr, Pakenham
Last Listing description (August 2022)
JLL Retail Investments is pleased to offer for sale Isuzu Ute, Pakenham. A premium car dealership property within the booming outer eastern suburb of Pakenham. The asset forms part of the 'The Motus Car Dealership Portfolio' encompassing 4 x Car Dealership properties across prime regional and metropolitan Melbourne locations.
Leased to publicly listed multinational, Motus Group
Fixed annual CPI Rent Reviews
Significant 1,866* sqm landholding within a high growth industrial precinct
121* metres of Street Frontage
'The Motus Car Dealership Portfolio' is for sale individually or 'in-one-line' by Expressions of Interest closing 4:00 pm (AEST) Thursday 14 th of July 2022.
To obtain further information or to arrange an inspection, please contact the exclusive selling agents below.
Stuart Taylor
0428 000 000
Tom Noonan
0402 319 698
MingXuan Li
0498 688 998
*Approx
Property History for 24 Commercial Dr, Pakenham, VIC 3810
- 07 Jun 2022Listed for Sale Contact Selling Agent
- 10 Mar 2015Sold for $491,406
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 27,949 properties. Over the last 5 years, Houses in Pakenham have seen a 18.97% increase in median value, while Units have seen a 25.97% increase. As at 31 July 2026:
- The median value for Houses in Pakenham is $748,034 while the median value for Units is $551,682.
- Houses have a median rent of $565 while Units have a median rent of $500.
Suburb Insights for Pakenham 3810
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