Front Cover: Pakenham Railway Station
Inside Cover: Our new office at 2/9 Gloucester Avenue, Berwick
04
EXPOSURE OR CLIENT PROXIMITY?
05 NEW LISTINGS FOR SALE AND RENT
18
RECENTLY LEASED & SOLD
20 BERWICK STORAGE UNIT FACILITY
CHANGING USE, NOT JUST NEW BUILDS
In Narre Warren, Berwick and Pakenham, a lot of the activity at the moment isn’t coming from brand new developments. It’s coming from people looking at existing properties differently.
A common one is houses along main roads being fully converted into medical or consulting spaces. If the property has good exposure, access and land for car parking, it tends to suit allied health, NDIS operators and medical and specialist practices really well.
In a lot of cases, the rental return ends up stronger than leaving it as a standard residential investment What’s also driving this is convenience. These types of services want to be embedded within the community they support, not tucked away in commercial pockets
Established residential areas with strong traffic flow and visibility are ticking a lot of boxes, particularly as demand for health and support services continues to grow.
On the industrial side, there’s also been a shift. Larger factories are being used for more retail-style businesses, especially where tenants need space. Bulky goods, trade-related operators and showroom users are all looking for size, which is something traditional retail strips just don’t offer
There’s also a cost factor at play here
Prime retail is expensive and increasingly competitive, while industrial spaces can offer better value per square metre.
For many businesses, especially those that don’t rely purely on foot traffic, that trade-off makes a lot of sense.
A lot of this comes back to growth in the area. The population through Casey and Cardinia keeps pushing out, and with that comes demand for services and space. At the same time, rising costs mean businesses are getting more flexible with where and how they operate.
Planning overlays and council requirements still need to be considered, of course, but where there’s alignment, these conversions can unlock significant value. It’s not always a quick win, but it can be a very strategic one.
For owners, it’s a reminder to look at what the property could be, not just what it is today. A well-located site might be better suited to a completely different use.
For tenants, it’s about thinking outside the box a bit. The right space might not be in a retail strip or a standard office, but it can still work just as well, if not better.
SECURE YOUR SLICE OF MAIN STREET FOR RENT
$110,000 PA plus GST & Outgoings
Floor Area 455m²
Shannon Hynd 0499 980 100
Flynn McKenna 0499 999 162
25 MAIN STREET PAKENHAM
471 PRINCES HIGHWAY, NARRE WARREN
FOR SALE
$1,200,000
LONG TERM LEASE TO AN ANIMAL RESCUE GROUP
Floor Area 120m²
Shannon Hynd 0499 980 100
Flynn McKenna 0499 999 162
154 PRINCES HWY PAKENHAM
HIGH EXPOSURE IN GROWING COMMERCIAL CORRIDOR FOR SALE
Land Area 586m²
Shannon Hynd 0499 980 100
$830, 000 - 910, 000 - Excl. GST Matt Clark 0417 411 883
Shannon Hynd 0499 980 100
Flynn McKenna 0499 999 162 Contact Agent
Land Area 1,034m²
112 MAIN STREET PAKENHAM
1-3 CARNEY STREET NAR NAR GOON
CORNER THE MARKETPROMIENT TOWN SITE WITH 3 ROAD FRONTAGES FOR SALE CONTACT AGENT
Floor Area 1894m² | Across 3 titles
Todd McKenna 0418 391 182
Shannon Hynd 0499 980 100
2856 PRINCES FWY GARFIELD
STRONG VISIBILITY TO CONSISTENT PASSING TRAFFIC
Land Area 3235m²
FOR SALE
$880,000 Exc. GST
Shannon Hynd 0499 980 100
Todd McKenna 0418 391 182
Floor Areas - 360m²
From $65,000 PA plus GST & Outgoings
Floor Area 69m²
Flynn McKenna 0499 999 162
$45,000 PA plus GST & Outgoings
$120,000 PA plus GST & Outgoings
32 ENTERPRISE AVE BERWICK
LEASE
7 BLACKBURNE SQUARE BERWICK
314A -326 THOMAS STREET,
Floor Area 439m² | Onsite Parking
2/120 MCDONALDS TRACK, ,
314-326 THOMAS STREET
OFF MARKET OPPORTUNITY IN HIGH EXPOSURE DANDENONG LOCATION FOR SALE
Land Area 1786m²
6 & 7/2-4 PURTON ROAD, Floor Area 772m²
DANDENONG
35 & 39/72 ALFRED STREET WARRAGUL
Land Size 100m² | 5 Car Spaces
Floor Area 2404m² + 2734m²
BERWICK
Floor Area 170m²
LEASED
Lettable Area 167m²
Floor Area 50m²
Lettable Area 106m²
PAKENHAM
BERWICK
6/2-4
NARRE WARREN BERWICK PAKENHAM