A very rare opportunity to occupy a commercial site in the centre of the Pakenham township. Previously the IGA Licensed supermarket, this 1499m retail space sits proudly on the corner roundabout of Main Street & Drake Place and is opposite the Pakenham Hotel.
Surrounded by plenty of customer parking and seconds from the Pakenham train station making this a highly accessable site to all consumers.
The property has rear delivery access, is air-conditioned, and has multiple entry points. The liquor licence previously utilised by IGA's bottle shop remains with the premises.
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 27,934 properties. Over the last 5 years, Houses in Pakenham have seen a 21.51% increase in median value, while Units have seen a 24.18% increase. As at 30 June 2026:
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