32/24 Bormar Drive, Pakenham, VIC 3810 sold on 24 June 2025 | OnTheHouse
SOLD
Sold on 24 Jun 2025 for $530,259

32/24 Bormar Drive
Pakenham VIC 3810

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 184m2
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Property Details for 32/24 Bormar Dr, Pakenham

Building Type
Commercial
Land Size
184m2
Local Government
Cardinia
Lot/Plan
32/PS736884

Last Listing description (September 2015)

Located in Pakenham's thriving industrial precinct just off Bald Hill Road, with immediate access to Pakenham Bypass from Koo Wee Rup Road. Only minutes from Mitre 10 and Pakenham Main Street, this factory is ideally located.
Move quick, buy now!
Property Features:

+ Stamp duty savings
+ Detailed specifications
+ Stephen D'Andrea design
+ Security gated complex
+ Quality full concrete panel construction
+ High internal clearance
+ Generous access and car parking
+ Electric Roller shutter doors
+ Three (3) phase power
+ On title car parks

Property History for 32/24 Bormar Dr, Pakenham, VIC 3810

A timeline of how this property has performed in the market
Last Sold
$530,259
24 Jun 2025
Listed for Rent
$18/w
26 Oct 2015
  • 24 Jun 2025
    Sold for $530,259
  • 25 Sep 2017
    Sold for $236,500
  • 22 Sep 2015
    Listed for Sale $175,000
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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 27,639 properties. Over the last 5 years, Houses in Pakenham have seen a 34.40% increase in median value, while Units have seen a 26.69% increase. As at 31 January 2026:

  • The median value for Houses in Pakenham is $769,342 while the median value for Units is $521,840.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 189 properties listed for sale, and 74 properties listed for rent in Pakenham on OnTheHouse. According to Cotality's data, 1513 properties were sold in the past 12 months in Pakenham.

Suburb Insights for Pakenham 3810

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.