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125-127 Main St - Pakenham Plaza 538 SF Office/Retail Condo Unit in Pakenham, VIC 3810
Investment Highlights
- 50 m² retail unit strategically located in Pakenham Plaza.
- Returning $15,450 per annum + GST + outgoings.
- High customer traffic location with surrounding national and local retailers.
- Leased to a longstanding tenant with a brand-new 3x3 lease expiring June 30, 2028, plus a three-year option.
- Functional fit-out includes reception and two consulting/treatment rooms.
- Ideal entry-level investment with consistent income stream.
Executive Summary
Pakenham Plaza is a community-oriented retail center located within the Cardinia Shire growth corridor, one of Melbourne’s fastest developing regions. The center serves the local trade area with a mix of convenience-based retail, essential services, and specialty stores. Anchor tenants include Coles, Priceline, and a variety of established retailers. The site has recently undergone staged upgrades to improve customer amenity and strengthen its positioning as a daily needs destination. Current works include the enhancement of fresh food and dining options, highlighted by the planned introduction of “Eat Street,” a laneway-style concept providing casual dining and café offerings. The plaza’s design focuses on accessibility and convenience, complemented by ground-level and easily accessible parking. Located in proximity to established residential neighborhoods and expanding housing developments, Pakenham Plaza plays a key role in meeting the retail and service requirements of the local community. Its offering is anchored around grocery, healthcare, and ancillary retail, supported by specialty operators, creating a balanced tenancy mix aligned with suburban consumer demand.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | APN/Parcel ID | 5\SP32485 |
| Sale Type | Investment |
| APN/Parcel ID | 5\SP32485 |
Comprising approximately 50 m², the tenancy features a practical layout with a welcoming reception area and multiple treatment rooms—highly suited for service-based operators such as beauty, health, or professional consulting. Benefiting from excellent exposure and convenient customer access, the site is located within a busy retail environment surrounded by established businesses and ample car parking.
Currently underpinned by a solid tenancy arrangement, this property offers secure income with strong upside in a location boosted by continual residential and commercial growth across the Pakenham region.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 5 | 538 SF | Office/Retail | Upon Request | - |
Unit 5
| Unit Size |
| 538 SF |
| Condo Use |
| Office/Retail |
| Price |
| Upon Request |
| NOI |
| - |
Unit 5
| Unit Size | 538 SF |
| Condo Use | Office/Retail |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment |
| APN/Parcel ID | 5\SP32485 |
| Description | |
| 5/127 Main Street offers a compact, income-producing retail asset anchored by a secure long-term lease, presenting an excellent option for investors looking to enter or expand within the commercial property market in Pakenham’s thriving CBD.</li></ul> | |
| Sale Notes | |
| An outstanding opportunity to secure an affordable retail investment positioned in the heart of Pakenham Plaza, this property is perfect for those seeking a low-maintenance addition to their commercial portfolio.<br> <br> Comprising approximately 50 m², the tenancy features a practical layout with a welcoming reception area and multiple treatment rooms—highly suited for service-based operators such as beauty, health, or professional consulting. Benefiting from excellent exposure and convenient customer access, the site is located within a busy retail environment surrounded by established businesses and ample car parking.<br> <br> Currently underpinned by a solid tenancy arrangement, this property offers secure income with strong upside in a location boosted by continual residential and commercial growth across the Pakenham region.</li></ul> |
Property Facts
| Total Building Size | 7,201 SF | Floors | 1 |
| Property Type | Retail (Condo) | Typical Floor Size | 7,201 SF |
| Property Subtype | Storefront Retail/Office | Lot Size | 0.21 AC |
| Building Class | C |
| Total Building Size | 7,201 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Office |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 7,201 SF |
| Lot Size | 0.21 AC |
Amenities
- Signage
Contacts
-
Shannon Hynd -
Flynn McKenna -
First National Commercial Neilson Partners Narre W
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125-127 Main St - Pakenham Plaza
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