$540,000

2 Bed  •  1 Bath  •  2 Car  •  1025m²

Main view of Homely house listing, 24 John Street, Pakenham VIC 3810
Floorplan of Homely house listing, 24 John Street, Pakenham VIC 3810
Second view of Homely house listing, 24 John Street, Pakenham VIC 3810
+14

Sold

24 John Street, Pakenham VIC 3810

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$540,000

  • 2
  • 1
  • 2
  • 1025m²

House Sold on Fri 21 Apr, 2017

What's around John Street

House description

“Location plus opportunity equals brilliant buying”

Set in the heart of one of the fastest growing suburbs in the country and within walking distance to the Main Street shops, the train station and across the road from park lands and the bowling club plus many of Pakenham's amenities, this un-incumbent block of approximately 1025m2 offers an outstanding investment or development opportunity in a dynamic, demand driven market. With the potential to construct 2 town houses out back (STCA), this represents outstanding value for money right now.
The home comprises 2 bedrooms, and one bathroom, a kitchen/meals area and a lounge with feature hardwood timber floors and is currently rented out for $310 per week. This allows you to get a return on your investment, while you plan how you would like to develop the block. 3 bedroom town houses are currently selling for between $375,000 and $430,000 in this immediate area right now and prices are still rising.
Whether you keep the existing house (which does not need a lot of money spent to have it sparkle) and add out back or start from scratch, this is a highly desirable area for investors, first home buyers and retirees to purchase due to the proximity to everything.
Please call the agent to inspect as this property is tenanted and there is a large dog on site.

Property features

livingAreas

Living Areas: 1

toilets

Toilets: 1

Land details

Area: 1025m²

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24 John Street, Pakenham VIC 3810
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