26 Corporate TerracePakenham VIC 3810
Property Details for 26 Corporate Tce, Pakenham
Last Listing description (March 2017)
New 2 + 2 + 2 year lease commenced 01/10/2016 to One Steel. Rent is $120,000 per annum plus GST and applicable outgoings. Reviews are 3% per annum to market if option exercised. Security $33,000.00
This excellent facility is well located within the South East Business Park. It sits on the corner of Corporate Terrace and Venture Way, offering roller door access from both streets. The high clearance warehouse includes two 5 tonne cranes and a lunchroom that is fronted by a well fit out air conditioned showroom/office.
Access to the building is a breeze being located just off of the Freeway and a short drive to the Pakenham central.
Property History for 26 Corporate Tce, Pakenham, VIC 3810
- 27 May 2024Sold for $3,050,000
- 02 Jul 2021Transferred
- 16 Feb 2017Listed for Sale Not Disclosed
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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.
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