8 Station StreetPakenham VIC 3810
Property Details for 8 Station St, Pakenham
Last Listing description (June 2023)
Stonebridge Property Group is pleased to present for sale Repco Pakenham.
The key highlights of the opportunity include:
- Head lease to GPC (REPCO), a global powerhouse in automotive retailing with a strong market cap of $23.2bn (USD)
- The longstanding tenant boasts no further options from 2026 providing potential for significant rental uplift or occupier potential
- Centrally located 501 sqm* activity centre zoned landholding with 13.6m* of Station Street exposure the retail backbone of Pakenham
- Strategically benefiting from dual retail frontages and thoroughfare access to Treloar Lane. The property enjoys major exposure to the Woolworths & BigW anchored Pakenham Central Marketplace
- Spanning 492 sqm* the open-plan building supports a multitude of future uses
- Pakenham forms part of the Cardinia Shire City Council - one of Australia's fastest growing municipalities
- Cardinia Shire's population is expected to increase 52.99% by 2041
Repco Pakenham is offered for sale via the Stonebridge National Portfolio Auction on Wednesday 28th June 2023 from 11am (AEST). To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.
Nic Hage
0448 782 594
Sarah Xi
0468 320 297
sarahxi565
Rorey James
0439 400 081
* Approximately
** As at 1 September 2023
Property Code: 671
Property History for 8 Station St, Pakenham, VIC 3810
- 28 Jun 2023Sold for $2,405,000
- 19 May 2023Listed for Sale Contact Agent
- 08 Mar 1996Sold for $150,000
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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 27,520 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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