Pakenham Industrial Warehouses for Lease
Industrial property for lease in Pakenham – a thriving business hub
Pakenham is home to a growing business community on the outskirts of Melbourne and is in an attractive position for prime real estate opportunities. The area is a focal point for businesses active in Melbourne’s South East and Gippsland, making Pakenham the ideal middle ground for distribution between Melbourne’s CBD and south-east regional Victoria.
Long considered to be the heart of the Cardinia shire, Pakenham is home to a range of high-quality factories, warehouses, and industrial properties for lease at more attractive and affordable prices than those closer to the city. Proximity to the Monash and Princes Freeways provides accessibility to the region while travel times are set to reduce even further with future proposed upgrades.
The industries in this fast-growing corridor are only set to grow as construction, manufacturing and warehousing opportunities in Pakenham continue to outstrip those in Melbourne. If you’re looking to expand your operations, start a new business, or upgrade your existing premises, there has never been a better time to secure industrial property for lease in Pakenham and become a part of the South East’s booming future.
Commercial real estate in Pakenham – with growing workforce opportunities
Pakenham’s rapid growth isn’t restricted to its industrial opportunities. Affordable residential opportunities, government investment in infrastructure, and improvements to major arterials will see Pakenham become an even more attractive destination for both home and working lifestyles in the future. Over the next five to six years, the precinct’s population is expected to increase at an average annual growth rate of 6.29%. Which means that by 2026, we can expect another 82,000 people to be living in the region as a total of 179,000 Melburnians call Pakenham home.
More than half the population of this continuously growing workforce is under the age of 40, with many residents working in labour force industries. In 2016, two of the top three most popular industry sectors in Pakenham were construction and manufacturing, with those employed in the transport, postal and warehousing industry also on the rise. Today, the region continues to host a higher proportion of people working as technicians and trade workers than other professions.
With growing workforce opportunities in the labour industries, Pakenham is a strong investment for any business looking to increase their industrial presence with a warehouse or factory lease in Melbourne’s South East.
For more information on any of our factories or warehouses for lease in Pakenham, please contact the team at Facey Property on (03) 9701 4455.