Site Area: 10 Acres* | 4.04 Hectares* | 40468.6 M2*
Zoning: GWZ Schedule 1
Local Government: Cardinia Shire Council
Location:
+ Walking distance from main street coffee shops and local shops
+ 700 meters* from the train station, short drive from M1 access to Melbourne CBD and a short drive from Pakenham infrastructure
Key Attributes:
+ Site comes with a 4 Bedroom renovated dwelling for vacant possession
+ Town water & Gas connected
+ Strategic offering opposite residential zone (NRZ)
+ Major land estates now developing in close Pakenham East PSP
+ Surrounding land held by the land developers
+ The median property price for a house is currently $962,500 with an annual capital growth of 40.46^
+ Houses have seen 4.62% growth in the past quarter, and 40.46% growth in the past 12 months^
*All measurements of area, size and distance are approximate only
^ REA and Corelogic