Property For Sale Pakenham VIC Ideal For Tourism Venture

Create New Tourism Or Hospitality Destination On This Property For Sale Pakenham 

After almost 100 years of operation, Sheltons Cool Store in Victoria is set for decommissioning as the historic property is placed on the market for sale the first time in more than 70 years.

Located at Pakenham Upper, around 45 minutes south-west of the Melbourne CBD, the cool store was originally built in 1928 by Dick Woolfe, a stand holder at the Melbourne Markets.

EA Shelton moved his family from Shepparton in 1933 to manage the business, before acquiring the property in the 1950s, along with a ready workforce including his three sons and a daughter.

This property for sale Pakenham VIC features a three-bedroom, tumbled brick home with sunken lounge, games room and double garage

Initially comprising 640 acres, the family sold off the adjoining apple orchard to focus on the cool store business, which at one stage in the 1960s ranked as the largest privately-owned cool store in the country.

Now after almost 50 years in the business, current owner and third-generation family member Keith Shelton is ready for a simpler life driving headers at Manangatang in north-west Victoria.

A boilermaker by trade, Keith joined the family business in 1977 and has seen its shift from apples to potatoes and more recently onions. The family has also run an engineering workshop on the site “forever”.

This property for sale Pakenham VIC is the ideal sanctuary to get away from the hustle and bustle of everyday life

“After 95 years the cool store is going to be turned off. I’m 71 and I’ve taken it as far as I can,” he says, adding a new owner could easily recommission the cool store if they desire.

For an astute purchaser, this unique piece of real estate offers the opportunity to make their mark. Strategically located near Pakenham, Beaconsfield Upper and Gembrook, the 4.45-hectare property boasts impressive infrastructure which presents an opportunity to either revive the cool store and/or engineering business or create a fabulous new destination, whether that be a reception centre/restaurant or a cottage foodie depot.

All up, the property features six insulated former cool stores, four (about 110sqm each) with direct access to Bourkes Creek Road. Each is secure and could be used for a multitude of things (storage units, microbrewery, ginneries, or artist studios ). These four also have a rear access to the future pizzeria.

This property for sale Pakenham VIC is for sale after almost 100 years of operation as a coolstore facility and engineering workshop

Or, alternatively, hide away in the man cave/workshop with a feature brick open fireplace and amenities, rustic original workshop and heaps of storage – a space ideally set up for a future pizzeria!

Additionally, the property includes plenty of concrete hardstand for trucks or parking plus a large, fully operational circa 1900 stationary engine with the original compressor located on the property. This is a wonderful feature that could be used as a drawcard to promote any venture that you can imagine.

What’s more, there’s around three hectares of open grounds/pastures with shelter trees and a natural amphitheatre, perfect for music events and/or picnics on the grass. Around one hectare of bushland completes this property.

This property for sale Pakenham VIC could be imagined into a fantastic two-storey residence offering fabulous views to Westernport Bay

Set away from the road in a low-maintenance, manicured garden surround, the property also features a quality three-bedroom, tumbled brick home with sunken lounge, games room and double garage. It could be imagined into a fantastic two-storey residence offering fabulous views to Westernport Bay.

This wonderful historic property and its location offer those with imagination and opportunity to rebirth it into a fabulous new commercial venture, from artistic centre to café and/or food precinct.

Click on the highlighted link for more information on this property for sale at 15 Shelton Road, Pakenham Upper, Victoria.