Pakenham Central Marketplace

Centre Overview

Pakenham Central Marketplace is a sub-regional centre anchored by Woolworths and Big W and complemented by 44 specialty stores. The centre also has over 1,100 free open air and undercover car spaces. The centre is positioned as a convenience centre providing local shoppers with a quick and easy shopping location for all their everyday needs.

Location details

Pakenham Central Marketplace is located in the  Cardinia Shire Council in the outer south-east of  Melbourne, approximately 50km from the CBD.  The centre’s primary trade area forms part one of the largest forecast growth municipality in Australia.

Property Summary

Centre Type
Sub-Regional
Centre GLA sqm
16,925
Anchor tenants
Woolworths, Big W
No. of specialities
44
Valuation
$94.7m
Cap rate
6.00%
Occupancy rate
100%
WALE (years)
4.3

Location

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