54 Greenhills RoadPakenham VIC 3810
Property Details for 54 Greenhills Rd, Pakenham
Last Listing description (March 2026)
> Expansive Land of 10,000 m2
> Favorable Zoning INZ 1
> Vacant Land
Positioned in the heart of Pakenham's rapidly expanding industrial hub, this vacant parcel of land at 54 Greenhills Road presents an outstanding opportunity for developers and investors.
Ready for development (STCA), the property is located in a sought-after Industrial Zone 1, allowing for a wide range of industrial and commercial uses.
The surrounding area is developing quickly, with major infrastructure and businesses moving into the precinct. The site is conveniently located just up the road from the proposed Costco Pakenham Warehouse and only moments from the Princes Highway, providing excellent connectivity.
Additional nearby amenities include the Heritage Shopping Centre, Pakenham Railway Station, and the growing Kaduna Business Park.
With industrial land becoming increasingly scarce in this high-growth corridor, this is a rare opportunity to secure a premium development site in one of Melbourne's fastest growing industrial locations.
Key Features:
Vacant industrial land ready to develop (STCA)
Located in Industrial Zone 1
Positioned in Pakenham's fast-growing industrial precinct
Close to major roads, transport, and shopping amenities
Minutes from Princes Highway and Pakenham town centre
Excellent opportunity for investors and developers
To discuss this opportunity in detail please contact the exclusive selling agents
Atul Sama (Sunny) on 0450470266 or Amandeep Singh on 0433314000 as soon as possible.
DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent. Please see the below link for an up-to-date copy of the Due Diligence Check List: http://www.consumer.vic.gov.au/duediligencechecklist
Property History for 54 Greenhills Rd, Pakenham, VIC 3810
- 11 Mar 2026Listed for Sale Contact Agent
- 22 Jan 2025Listed for Sale EXPRESSION OF INTEREST
- 01 Aug 2024Sold for $5,600,000
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 27,969 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.
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