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Location
Market Insights for Pakenham VIC 3810
New Listings (last 30 days)
6
Average price
$911,500
Lowest price
$414,000
Highest price
$1,495,000
Other properties in this postcode

Lot 1 Southeast Boulevard, Pakenham VIC 3810

$3,964,080

Listed: 11th Aug 2026
Updated: yesterday
Overview

Strategically located within the Southeast Business Park of Pakenham, this vacant corner lot offers a unique opportunity for industrial development. With an expansive land area of approximately 3,984 square meters and coveted Industrial 1 zoning, the property lends itself well to a variety of business uses subject to council approval.

Positioned at the intersection of Southeast Boulevard and Commercial Drive, the site benefits from direct and easy access to major transport routes including Koo Wee Rup Road, McGregor Road, and the Princes Freeway. This connectivity is enhanced by its relatively short commute of around 50 minutes to Melbourne’s CBD, making it an attractive proposition for industrial operators seeking efficient logistics and accessibility.

The corner lot status of the land not only maximizes exposure but also provides flexible site design potentials. Buyers may consider the possibility of constructing an industrial building with a footprint of around 2,500 square meters, offered settlement terms provide additional flexibility to suit individual requirements. This combination of location, zoning, and scale positions the site as an exceptional development prospect within one of Melbourne's emerging industrial precincts.

This property is particularly appealing to developers and investors looking to capitalize on Pakenham’s growing industrial market, with potential for sizeable custom-built facilities subject to planning approvals. Given the rare availability of such a well-positioned and sizeable allotment, this listing represents a standout chance to secure a prime industrial landholding in Victoria's southeast.

Local Market Insights

In Pakenham, Quiet Listings observed 6 new parcels of land entering the market over the last 30 days, down from 7 during the previous 30-day period, with an average advertised asking price of $911,500. The property type mix of listed properties is predominantly Houses at 66%, followed by units (12%), and land (7%). The most active agency for land in the Pakenham area is currently Stonebridge Property Group, representing 17% of new listings, followed by Canford Estate Agents with 17%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.