25 Bald Hill Road Pakenham VIC 3810

Development / Land
2.06 ha
Sold

PONDER THE POSSIBILITIES

An outstanding opportunity exists at 25 Bald Hill Road, Pakenham to secure a development site with existing income. Reap the rewards of income while you continue to develop the property. This situation is every developers dream.

The property comprises a land area of 2.0814 HA (5.14 acres) approx.

Existing buildings comprise an area of 2,742 sm (29,515 sf) approx. These improvements consist of 4 separately titled buildings and currently provide a rental income of $118,116.

Currently the property is contained in 5 Certificates of Title.

The Pakenham area is currently undergoing considerable residential, industrial and commercial growth. The property is centrally located within close walking distance to the Railway Station and Shopping Centre.

The property is zoned Industrial 1 under the Cardina Shire Planning Scheme.

A town planning permit was issued on 7 April 2006 allowing for the vacant portion of the land to be further developed for the purposes of a 4 lot subdivision and for additional buildings of 6000 m2 approx. to be contructed.

For further details, call now!!