Presenting a rare opportunity to secure prime real estate in the heart of Pakenham, walking distance to Pakenham Train Station, Pakenham Marketplace and a short distance from M1 Freeway access. This property is ideal for purchasers wanting a sought-after location to promote their business and transform the current office space into a larger floorplan by rebuilding on the generous 850m2 allotment. The building consists of five office spaces, a kitchenette/dining space, toilet facilities and great off street parking. The size of the allotment and the Activity Centre Zone and Schedule 1 zoning, also encourages endless possibilities of the site STCA. Whether you are searching to invest in prime Pakenham real estate, develop the land (STCA) or knock down and rebuild the current structure into a new project, the possibilities are endless at 24 Main Street, Pakenham!
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 2011 was 33,998 people. By 2016 the population was 46,408 showing a population growth of 36.5% in the area during that time. The predominant age group in Pakenham is 0-9 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 2011, 67.6% of the homes in Pakenham were owner-occupied compared with 65% in 2016.
Pakenham has 26,418 properties.
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