Name: 77-79 Henry Street, Pakenham, VIC 3810
Address: 77-79 Henry Street , VIC, Pakenham, VIC, 3810
Telephone: +61 411 625 068

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77-79 Henry Street, Pakenham, VIC 3810

Properties / Buy / Victoria / Pakenham

Development Potential

1. Property Summary

Property Type

Commercial

Sub Type

Retail/Shopping Centre

Land Area

5,653 m² (*approx)

Selling Method

EOI: Contact the Stonebridge Team

EOI Closing Date

6 Jun 2024 02:00PM

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2. Property Highlights

Prime Retail/Commercial Development Site in the Heart of Pakenham Major Activity Centre

Significant 5,653 sqm* Landholding
Prior Permit Approval for Supermarket
Heavy Foot Traffic Location

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, across the road from Pakenham Central Market and 200 m* from Pakenham Train Station.

This high-exposure site features dual frontages to Cook Drive and Henry Street. The Property has a prior permit for a supermarket and on-site car parking featuring 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, across the road from Pakenham Central Marketplace and 200 m* from 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 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 retail

To obtain further information, or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Julian White

0422 764 137

Andrew Milligan

0421 559 992

Chao Zhang 张超

0411 625 068

* Approximately

Property Code: 938

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