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Investment Highlights

  • Vacant land parcel of approximately 10,000 square meters located in Pakenham’s industrial precinct.
  • Positioned near major transport routes, including the Princes Highway, providing regional connectivity.
  • Surrounding area includes significant industrial development and infrastructure projects.
  • Zoned Industrial 1 (INZ1), allowing for a variety of industrial and commercial uses subject to council approval.
  • Close to local amenities such as Heritage Shopping Centre and Pakenham Railway Station.

Executive Summary

54 Greenhills Road, Pakenham offers a 10,000 m² parcel of vacant industrial land within the city’s rapidly expanding industrial hub. Zoned Industrial 1 (INZ1), the site supports a wide range of industrial and commercial uses, subject to council approval.
The property is strategically located near major infrastructure projects, including the proposed Costco Pakenham Warehouse, and is only minutes from Princes Highway, ensuring excellent connectivity to Melbourne’s key transport routes. Nearby amenities include Heritage Shopping Centre, Pakenham Railway Station, and the growing Kaduna Business Park, enhancing convenience for future occupiers.
With industrial land in this high-growth corridor becoming increasingly scarce, this site represents a rare opportunity for developers and investors to secure a premium development block in one of Melbourne’s fastest-growing industrial locations.
Key features include its expansive 10,000 m² land size, favorable INZ1 zoning, and proximity to major roads, transport links, and retail amenities. This property is ready for development (STCA) and offers significant potential for long-term value in a thriving industrial market.

Property Facts

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Commercial
  • Industrial
Total Lot Size 2.47 AC

1 Lot Available

Lot

Lot Size 2.47 AC

Vacant 10,000 m² industrial lot in Pakenham’s established industrial precinct, zoned INZ1. Positioned near Princes Highway with proximity to transport, retail, and business hubs. Suitable for a range of industrial uses, subject to council approval.

Description

The property at 54 Greenhills Road, Pakenham consists of a vacant land parcel measuring approximately 10,000 square meters. It is located within an established industrial precinct and is zoned Industrial 1 (INZ1), which permits a range of industrial and commercial uses subject to council approval. The site is positioned near major transport routes, including the Princes Highway, and is in proximity to Pakenham Railway Station and local shopping facilities such as Heritage Shopping Centre. The surrounding area includes ongoing industrial development and infrastructure projects, including the proposed Costco Pakenham Warehouse and Kaduna Business Park.

  • Listing ID: 39797835

  • Date on Market: 3/17/2026

  • Last Updated:

  • Address: 54 Greenhills Road, Pakenham, VIC 3810

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