90-92 Main Street & 45 James Street, Pakenham, VIC 3810

Development/Land | Retail

For Sale

  • Property ID: 441621
  • Floor Area: 190m²
  • Land Area: 2028m²
  • Occupancy: Vacant
A LAND PACKAGE SO SIGNIFICANT IT HAS TWO ADDRESSES.

POINT OF INTEREST:

Back-to-back lots on the cusp of Pakenham’s central marketplace, this is a rare opportunity for a developer or owner occupier to claim two street names for their future. Main by name, Main by stature — in addition to the total 2,028sqm* of land, there’s also a 190 sqm* single-storey dwelling providing short term income. Behind it is another title on James Street, both featuring a little over 20 m* frontages. Pair this with the fact that you’re sitting within walking distance of Pakenham’s high streets where retail, hospitality, and professional services all take care of business in the suburb. Pakenham railway station is also a 200 m* trip, with Princes Highway a short 650 m* drive north. The point: subdivision or redevelopment here is only made easier with favourable zoning regulations. The population growth calls for a residential build, Childcare, healthcare, or aged care facility also makes sense given the location. Whatever your vision, the site’s adaptability allows it to align with diverse market demands, making it a strategic investment for those seeking flexibility and growth in Pakenham’s dynamic real estate landscape.

- 2,028 sqm* of total land area.
- 2 titles.
- 190 sqm* total building area for Main Street with short term income.
- Activity Centre zoning.
- Two 20.12 m* frontages.
- 200 m* to Pakenham railway station.
- 650 m* to Princes Highway.

POINT OF VIEW:

One of these: rare. Two of these: unheard of. Back-to-back: unicorn. This commercial or residential venture will see significant payoff in the short and long term — for both the developer and Pakenham alike.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: 30 - 120 days
  • Car Spaces: Onsite
Outgoings
  • Water Rates: TBC
  • Land Tax: TBC
  • Council Rates: TBC
  • Owners Corp. / Insurance: N/A
Pakenham Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $3828 $339 8.85%
Industrial $2794 $118 4.21%
Retail $10263 $275 2.68%
This is the average advertised price, rent and yield for Pakenham, VIC 3810*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
LOGIN (Existing Members)
×

REGISTER (New Members)

Already have a CPG account? Login

×
×

×
REGISTER (New Members)
×