Colliers are delighted to present Lot 1, Koo Wee Rup Road, Pakenham to market for sale via Private Sale.
Presenting as an impressive development opportunity for owner occupiers or developers, the Industrial 1 Zoned property provides endless possibilities for a variety of industry types.
The property comes attached with a City of Cardinia planning approval for the development of a 2,398sqm office/warehouse.
Key Property Highlights:
Total Site Area: 4,047sqm*
Regular Shaped Block Perfect for Industrial Development**
Proximity to nearby amenity including Pakenham CBD and Train Station
40m* of Main Road Frontage
400 metres from Princes Freeway (M1)
Located in the heart of Pakenham's rapidly gentrifying industrial precinct, the property offers immediate access to major arterials such as Bald Hill Road, Princes Freeway (M1) & Princes Highway.
To be sold via Private Sale. For a copy of the Information Memorandum or Contract of Sale please contact the Colliers selling agents.
*Approximate
**Subject to STCA
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 27,957 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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