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Privately held Pakenham industrial site hits market

Jess Freeman • 16/10/2025
85 Mulcahy Road, Pakenham aerial_news.jpg

A 1.24-hectare industrial super lot in Melbourne’s south-east growth corridor has been listed for sale, with local vendors seeking offers above $7 million.

Located at 85 Mulcahy Road, Pakenham, the site is zoned Industrial 1 (IN1Z) and sits within the Cardinia Road Precinct Structure Plan. The site is for sale through Cameron Zamora, Gareth Jackson, Kosta Filinis, Konnor Kalafitis of Cushman & Wakefield and is one of the few remaining infill industrial parcels in the area, offering potential for subdivision (STPA) and suitability for logistics, warehousing, light manufacturing or commercial use.

“This is the kind of site that appeals to owner-occupiers and developers looking for well-located industrial land with scale,” said Cameron Zamora of Cushman & Wakefield. 

“We’re seeing strong demand from groups wanting to secure strategic positions in Melbourne’s outer south-east.”

The property is within walking distance of major retailers including Bunnings, Officeworks and HomeCo Pakenham, and is less than 500 metres from Princes Highway, with direct access to the Princes Freeway.

“The location offers excellent connectivity to both Melbourne CBD and Gippsland,” said Kosta Filinis of Cushman & Wakefield. “It’s surrounded by infrastructure investment and sits within a rapidly expanding industrial and residential corridor.”

Expressions of interest for the site close on Tuesday 11 November at 12:00 PM AEST. 

Please contact the following agents for more information:


About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2024, the firm reported revenue of $9.4 billion across its core service lines of Services, Leasing, Capital markets, and Valuation and other. Built around the belief that Better never settles, the firm receives numerous industry and business accolades for its award-winning culture. For additional information, visit www.cushmanwakefield.com.

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Jess Freeman
Jess Freeman

PR & Communications Director ANZ • Sydney

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