4/3 Purton RoadPakenham VIC 3810
Property Details for 4/3 Purton Rd, Pakenham
Last Listing description (July 2021)
Located close to Princes Highway, this factory has a freehold of approx. 167m2. Leased to a Brazilian Jui Jitsu personal trainer, features of this property include front and rear roller door access, kitchenette and toilet amenities.
Tenancy features include:
- 3-year lease commenced on the 16th February 2018
- 3% increases per annum
- One (1) further term of Three (3) years
For more information please contact Serdar Ozcetin 0438 837 084.
Property History for 4/3 Purton Rd, Pakenham, VIC 3810
- 15 Aug 2024Sold for $337,000
- 09 Jul 2021Sold for $295,000
- 09 Sep 2020Sold for $270,000
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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 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 26,446 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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