56 Army Road, Pakenham, VIC 3810 | Property Value & History | OnTheHouse
OFF MARKET

56 Army Road
Pakenham VIC 3810

Bedrooms: 3
Bathrooms: -
Car spaces: -
Floor area: 116m2
Land area: 2231m2
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Property Details for 56 Army Rd, Pakenham

Building Type
Commercial
Year Built
1980
Floor Size
116m2
Land Size
2231m2
Local Government
Cardinia
Lot/Plan
1/LP125723

Last Listing description (December 2022)

Stonebridge National Investment Sales is pleased to present to the market 56 Army Road, Pakenham for sale via Expressions of Interest closing Friday 28th October 2022 at 3pm (AEDT).

The asset has the following key investment features:

- Secure brand new 20 year net lease to 2043 + 2 x 10 year options to 2063 with 3% fixed annual rent increases

- Eden Academy is an experienced operator with 20+ centres nationally

- Strategically designed, state-of-the-art childcare centre with 743 sqm* internal rooms and 784 sqm* outdoor play area

- Construction commencing shortly (Planning Permit Approved August 2022) providing strong depreciation benefits

- Prominently located opposite the Pakenham Hills Primary School, providing incredible convenience for before / after school care for families

- Pakenham - located 53 km south-east of Melbourne CBD with excellent linkage to surrounding areas via Princes Highway

- High profile 2,239 sqm* site with capacity for 110 childcare places

- Pakenham - high growth pocket with forecast population growth to 200,238* by 2041

- Recession Proof investment with $11 billion of Government investment in the 2022 Federal Budget confirmed for the Childcare Sector

- Net income $388,775 p.a.* + GST

*Approximate

Please contact the exclusively appointed Stonebridge property professionals for more information.

Rorey James
0439 400 081

Kevin Tong
0422 848 818

Tom Moreland
0408 072 822

Property Code: 499

Property History for 56 Army Rd, Pakenham, VIC 3810

A timeline of how this property has performed in the market
Last Sold
$7,850,000
06 Dec 2024
Listed for Rent
13 Jan 2020
  • 06 Dec 2024
    Sold for $7,850,000
  • 21 Sep 2022
    Listed for Sale Contact Agent
  • 23 May 2022
    Listed for Sale Contact Agent
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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 27,638 properties. Over the last 5 years, Houses in Pakenham have seen a 36.70% increase in median value, while Units have seen a 41.18% increase. As at 30 November 2025:

  • The median value for Houses in Pakenham is $756,337 while the median value for Units is $551,951.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 174 properties listed for sale, and 70 properties listed for rent in Pakenham on OnTheHouse. According to Cotality's data, 1517 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.