6/1 Hunt WayPakenham VIC 3810
Property Details for 6/1 Hunt Way, Pakenham
Last Listing description (September 2022)
New 7 year lease to February 2029 plus options to 2042.
Pizza Hut: world's largest pizza chain with 270 stores across Australia and over 12,000 worldwide.
Fixed 3% annual rent increases.
New shop with dual retail exposure and high quality tenant fit-out.
Rapidly expanding residential precinct amongst supporting retailers including liquor and fast food.
Pakenham: Melbourne's major eastern growth corridor, population estimated to increase 59.9% by 2041.
Net Income: $41,710 pa* + GST.
For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 14 September 2022
Crown Casino - River Room
Property History for 6/1 Hunt Way, Pakenham, VIC 3810
- 14 Sep 2022Sold for $940,000
- 17 Aug 2022Listed for Sale Price on Request
Recent sales nearby
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About 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 27,532 properties. Over the last 5 years, Houses in Pakenham have seen a 24.73% increase in median value, while Units have seen a 29.08% increase. As at 30 April 2026:
- The median value for Houses in Pakenham is $758,725 while the median value for Units is $557,779.
- Houses have a median rent of $560 while Units have a median rent of $500.
Suburb Insights for Pakenham 3810
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