Asking Price: $3,700,000
Stonebridge Property Group is pleased to present for sale 77-79 Henry Street, Pakenham.
The Property is an expansive landholding located in the heart of Pakenham’s Major Activity Centre, opposite Pakenham Central Market and 200 m* from Pakenham Train Station.
This high-exposure site features dual frontages to Cook Drive and Henry Street and has a prior permit for a supermarket and on-site car parking. Flexible Activity Centre Zone allowing for a wide range of uses (STCA).
The key highlights of the opportunity include:
- Generous 5,653 sqm* landholding in Pakenham Major Activity Centre
- Heavy foot traffic area, opposite Pakenham Central Marketplace and 200 m* from the recently upgraded Pakenham Train Station.
- Dual street frontages to Henry Street and Cook Drive, creating multiple ingress/egress options
- Prior permit approval for a supermarket and 80 car spaces
- Activity Centre Zone allowing flexible end-uses including retail, education, medical, childcare, office, hospitality and more -
- Discretionary heights (STCA) of 14 m* (4-storeys), with the adjoining site at 81 Henry Street, Pakenham being permit approved for a 5-storey (17 m*) project.
- Pakenham is undergoing revitalisation of Pakenham's Major Activity Centre, with projects including the$15 billion investment into the Pakenham Train Line (Victoria's Big Build 2024) to upgrade Pakenham Train Station and Pakenham East Train Station as well as, the establishment of a new community hospital, and the redevelopment of Pakenham Place Shopping Centre.
- Pakenham’s population is forecast to grow + 42.89% between now and 2041 (forecast.id 2024), highlighting the significant demand for further development.
77-79 Henry Street, Pakenham is offered for private sale. To obtain further information, or to arrange an inspection, please contact the exclusive selling agents.
Julian White
0422 764 137
Andrew Milligan
0421 559 992
Chao Zhang ??
0411 625 068
* Approximately
Property Code: 1057