7-9 Bald Hill RoadPakenham VIC 3810
Property Details for 7-9 Bald Hill Rd, Pakenham
Last Listing description (August 2023)
Industrial 1 Zone
Brilliant opportunity for development
Land area 9307m2 (total)
Gerard Collins Real Estate is pleased to market 7-9 Bald Hill Road, Pakenham. Held by a local family for more than 50 years, this site is the last strategic site yet to be developed.
Adjacent to the new Pakenham train station, once completed will enhance traffic movement.
Further to the East of Bald Hill Road offers access to M1 plus major retailers Patties Foods, Bunnings, McDonalds & Tasman Meats.
Key Features Include
Sold as a whole or Individually
Industrial 1
Site area of 9307m2 app
69m frontage to Bald Hill Road
7 Bald Hill Road 5,110m2
9 Bald Hill Road 4,197m2
Budget Car Rentals has a short term lease until March 2023
With new infrastructure on it's door step, this site will benefit immensely from it. Pakenham Marketplace and Central Business District to the North.
Genuine Vendors, the opportunities are endless.
Contact Steven Hobson 0418 897 411 or Derrick Brown 0418 317 096
Property History for 7-9 Bald Hill Rd, Pakenham, VIC 3810
- 07 Jul 2023Sold for $7,200,000
- 04 Jan 2023Listed for Sale Contact Agent
- 12 Nov 2016Listed for Rent $23,400 / year
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 27,499 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.
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