SOLD
Sold on 05 Aug 2024 for $1,400,000

2/3 Corporate Terrace
Pakenham VIC 3810

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 625m2
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Property Details for 2/3 Corporate Tce, Pakenham

Building Type
Commercial
Land Size
625m2
Local Government
Cardinia
Lot/Plan
2/PS834824

Last Listing description (October 2020)

Why wait when you can purchase this impressive office/ warehouse and set up your business here. Located the south-eastern suburb of Pakenham and is in the heart of Pakenham's industrial Precinct approximately 50km South East of the Melbourne CBD.

Property Features :

+ High level finish with Double glazed windows
+ Warehouse area 511 m2*
+ 2 Level quality office are 75m2*
+ Total Building area 587m2*
+ Air conditioned & carpeted open plan area
+ Kitchenette and amenity includes Shower
+ Automatic Gate & Security Fence
+ Ideal for container access
+ Total 9 car parks

Contact Andrew Agapitos 0422 056 652 or Doukas Gigis 0466 339 668

Property History for 2/3 Corporate Tce, Pakenham, VIC 3810

A timeline of how this property has performed in the market
Last Sold
$1,400,000
05 Aug 2024
  • 05 Aug 2024
    Sold for $1,400,000
  • 19 Dec 2019
    Sold for $869,000
  • 31 Oct 2019
    Listed for Sale Contact Agent
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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 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 26,456 properties. Over the last 5 years, Houses in Pakenham have seen a 35.09% increase in median value, while Units have seen a 27.84% increase. As at 31 October 2024:

  • The median value for Houses in Pakenham is $695,591 while the median value for Units is $503,582.
  • Houses have a median rent of $540 while Units have a median rent of $460.
There are currently 243 properties listed for sale, and 54 properties listed for rent in Pakenham on OnTheHouse. According to CoreLogic's data, 1221 properties were sold in the past 12 months in Pakenham.

Suburb Insights for Pakenham 3810

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.