8 Henty Street Pakenham is positioned in a tightly held pocket right in the heart of Pakenham. This rare 871m2 vacant allotment presents an exceptional opportunity for builders, developers or savvy investors looking to secure a premium site with exciting potential (STCA). Measuring approx 20.3m wide and 43.6m deep on a flat blockZoned GRZ1 (General Residential Zone 1), the property offers flexibility for a range of residential development outcomes, including a bespoke family home, dual occupancy or multi-unit site (Subject to Council Approval).The site is cleared and ready to build, with no demolition required - allowing you to fast-track your plans and maximise your investment.Enjoy an unbeatable central location within close walking distance to the newly built modern Pakenham Train Station, Railway Hotel Pakenham, Main Street Pakenham, and the soon-to-be-opened Pakenham Community Hospital.With schools, parklands and essential amenities all nearby, plus easy access to the M1 Freeway and Princes Highway, this is a location defined by convenience, connectivity and future growth.Vacant land in established central locations is becoming increasingly scarce - don't miss your opportunity to secure a premium development site in one of Pakenham's most sought-after positions.For further information or to discuss the possibilities, contact Alison Barkley today on 0480 733 051.
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 27,972 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:
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