31 BALD H ILL R OAD, PAK ENH A M
BALD HILL ROAD
BALD HILL ROAD 31 BAL D H IL L R OAD, PAK ENH AM
3 31 Bald Hill Road, Pakenham
CONTENTS
POINT OF INTEREST
01
POINT OF VIEW
02
PROPERTY DETAILS
03
PROPERTY PARTICULARS
04
LOCATION
05
SUBURB PROFILE
06
APPENDICES
07
Point of Interest: 31 Bald Hill Road, Pakenham.
Head Office: 03 9654 2311 18 - 20 Russel St, Melbourne.
Eastern Office: 03 9654 2311 2/5 Corporate Boulevard, Bayswater.
Eastern Office: 03 9654 2311 1/136 Keys Road, Cheltenham.
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31 Bald Hill Road, Pakenham
31 Bald Hill Road, Pakenham
POINT OF INTEREST 01
• 400 sqm* total building area.
• 860 m* to Pakenham Central Shopping Centre.
• 3,954 sqm* total land area.
• 550 m* to Bunnings.
• Industrial 1 zoning.
• 300 m* to Pakenham railway station.
• Corner block with high exposure.
• 1.1 km* to Princes Freeway.
• A month-to-month tenancy is in place for approx. half of the land area to the adjoining garden supply business
Pakenham’s commercial strip has been assembling its credentials one national brand at a time — and 31 Bald Hill Road is one of the last corners it left for someone else to develop. At 3,954 sqm* of land with a high-exposure intersection position, within walking distance of Pakenham railway station, and with the option of vacant possession from January 2027, the site already presents as a best-case scenario.
• 1.6 km* to Princes Highway. • High exposure location with 140m* of street frontage.
• Surrounded by national retailers like Middy’s, Goodyear, and Hertz.
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31 Bald Hill Road, Pakenham
31 Bald Hill Road, Pakenham
POINT OF VIEW
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Stan Dawidowski 0400 448 755 stan.dawidowski@cva.melbourne
Tim Cooney 0468 860 737 tim.cooneyi@cva.melbourne
It’s old school work ethic meets new school adaptability. The diligence that Stan brings to your property transaction is one that cannot be taught — only developed over time. He’s a specialist in project work, off-the-plan sales and the current status of the market. It’s his willingness to share this professional advice with you that has Stan’s customers transitioning to clients before final contracts are signed.
After five years in commercial real estate in London, Tim returned home to Melbourne in 2021, bringing more than five years of local experience. Diligent, proactive and an honest communicator, he believes strong relationships are the foundation of successful deals. By understanding each client’s long-term objectives, Tim delivers considered advice backed by meticulous attention to detail and unwavering support throughout every stage of the transaction.
“ The national brands that surround this site didn’t arrive on a hunch — they ran the same location analysis that any serious developer would, and they all landed on the same strip. That’s not a coincidence, it’s a strategy.”
“ An invisible yet integral part to our society, that’s commercial real estate for me. A key-ingredient to all business but one not noticed by the public at large; astute investors and shrewd business owners alike would do well to utilise commercial property that works in line with their business plan and not against it.”
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31 Bald Hill Road, Pakenham
31 Bald Hill Road, Pakenham
PROPERTY DETAILS 03
The site itself is a 3,954 sqm* corner allotment zoned Industrial 1 — a designation that keeps the development parameters broad, and the use options genuinely varied. The corner position delivers exposure on two street frontages simultaneously, Bald Hill Road and Webster Way. It’s visibility that neighbours Goodyear Tyres, Middy’s, and Hertz have all benefitted from, and so does Bunnings down the road. The existing building is functional and operational, the land dimensions provide genuine development flexibility, and the allotment size is substantial enough to accommodate a range of formats.
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31 Bald Hill Road, Pakenham
31 Bald Hill Road, Pakenham
PROPERTY PARTICULARS
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OU TGO I N G S
Council Rates: $2,628 p.a approx. (2026) Water Rates: $780 p.a approx. (2026) Land Tax (Single Holding): $5,820 p.a approx. (2026)
ZO NI N G
Industrial 1 zoning. 400 sqm* total building area. 3,954 sqm* total land area.
T I T L E PA R T ICUL AR S
Lot 1 on Plan of Subdivision 321189L
PL ANNI N G OV ER L AYS
Land Subject To Inundation Overlay
MUNI C I PAL I T Y
Cardinia Shire Council
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31 Bald Hill Road, Pakenham
31 Bald Hill Road, Pakenham
LOCATION
05
A L L SI G NS P O I N T TO : BA L D H I L L R OA D Bald Hill Road is one of Pakenham’s most trafficked commercial precincts, where the daily movement of commuters, residents, and passing trade converges. From the suburb’s flagship train station to the Princes Highway and M1 Freeway, flanking the property from the north and south, this is the busiest commercial precinct east of Dandenong. Bald Hill Road does not intersect with Princes Highway – it intersects with Pakenham Koo Wee Rup Road
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31 Bald Hill Road, Pakenham
31 Bald Hill Road, Pakenham
T HE BR ANDS T H AT CAN VOUC H .
AND T HE P OIN T ?
McDonald’s, Bunnings, and KFC, but also Chemist Warehouse, Westpac, and Australia Post. This strip of Bald Hill has both the retail strip servicing the whole suburb, as well as large commercial showrooms and factory setups. This supplies a steady stream of traffic, marketing opportunities, and a competitive line-up to get in.
A corner block on Bald Hill Road in 2026 is not the same proposition it was in 2016 — and the national brands, the corner exposure, and the train station’s hive of activity are the three most concise explanations of why.
T HE S TAT ION C ONNEC T S I T ALL .
Pakenham railway station sits approximately 750 m* from the site, connecting the address to the Pakenham Line and placing the CBD within approximately 65 minutes by rail — a staff and customer catchment that extends well beyond the immediate suburb.
T HE AR T ER I AL NE T WOR K .
The Princes Highway sits approximately 1.2 km* north from the site, the Pakenham Bypass provides direct access to the Monash, and the broader south-east arterial network places Melbourne’s major commercial and logistics precincts within easy reach.
T HE O PER ATOR S HER E .
Trade suppliers, logistics operators, and service-based companies — the calibre of the surrounding occupier mix is as much a part of the investment case as the land itself. Patties Food Group, Australasian Foods, and Pakenham Mart are just some of the food-based businesses here, while the Tyre Factory, Pakenham Mowers, and Carpet World are the local gems.
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31 Bald Hill Road, Pakenham
31 Bald Hill Road, Pakenham
SUBURB PROFILE 06
Pakenham’s trajectory isn’t a recent development; it’s the compounding result of a decade of infrastructure investment, population growth, and commercial demand that has been reshaping what Melbourne’s southeast corridor looks like and who it attracts. Situated approximately 56 km* south-east of the CBD at the gateway to regional Victoria, Pakenham occupies a position that is neither purely metropolitan nor regional — it sits where Melbourne’s urban expansion meets the Gippsland corridor, a geographic fact that underpins its growing significance as a logistics, manufacturing, and commercial destination. Do you mention infrastructure projects such as the duplication of Koo-Wee-Rup Road, level crossing/sky-rail etc.??? Pakenham’s residential base is among the most consistently growing in Victoria’s outer south-east, with a projected annual growth rate of 6.29% and a median age of approximately 33 — a young, working-age demographic that translates directly into a deep and accessible labour pool for trade, industrial, and logistics operators. The commercial momentum has followed suit. Brookfield Properties has secured development approval for the Cardinia Logistics Estate, delivering more than 185,000 sqm* of institutional-grade logistics space with confirmed tenants including Kerry Logistics, Euro Car Parts, FJT Logistics, and Honest to Goodness. Manufacturing leasing requirements across Melbourne’s south-east have climbed from 6% of all leasing activity in 2021 to 39% in 2025 — a structural shift in how serious operators are viewing the corridor. Land supply is responding to that shift with predictable urgency. Only 237 hectares of developable industrial land remain across key south-east markets, with supply expected to be exhausted by 2030 at current absorption rates — and industrial land values have moved from $550 per sqm* in 2020 to $950 per sqm* today.
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31 Bald Hill Road, Pakenham
31 Bald Hill Road, Pakenham
APPENDICES
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*APPROX
Disclaimer: This report has been compiled on the basis of information available. Though efforts have been made to verify or establish the accuracy of all material, it is not possible to warrant that it is accurate. Some predictions are estimates only and necessarily based on assumptions which may not occur. All parties should make their own independent enquiries with regard to all the information contained in this report. The report is intended to be general information only and will not form part of any contract nor is it to be taken as any form of any representation, warranty or inducement. The agents and representatives do not accept any responsibility for and will not be liable in respect of any of the contents of this report. *Approximately
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31 Bald Hill Road, Pakenham
31 Bald Hill Road, Pakenham
Head Office 18-20 Russell St, Melbourne VIC 3000
Southern Office 1/136 Keys Road Cheltenham VIC 3192
Eastern Office 2/5 Corporate Blvd, Bayswater VIC 3153
Western Office 3B/36 Hume Road Laverton North VIC 3026