Goldbank Real Estate proudly presents an exceptional opportunity in one of Pakenham's most connected and fast-evolving pockets, a generous 988m² (approx.), zoned Activity Centre Zone (ACZ), high density allotment offering remarkable future potential for developers, investors, and visionaries alike.
Perfectly positioned along the highly convenient James Street corridor, this property places everyday essentials within effortless reach. Pakenham Marketplace, home to supermarkets, eateries, cafés, and specialty stores is only a short stroll away. The newly upgraded Pakenham Train Station sits just one street over, providing enhanced transport links and improved commuter facilities, while both public and private schools are comfortably walkable. It's a rare blend of location, practicality, and long term appeal.
A well-kept 3 bedroom home occupies the front of the allotment, providing immediate functionality while offering buyers the chance to consider a range of future possibilities for the land (STCA). Its presence allows flexibility as you plan your vision for this exceptional 988m² site. Rather than limiting possibilities, the existing home simply provides a starting point while buyers explore how best to utilise this generous allotment. With thoughtful planning and the right vision (STCA), the site can evolve into something truly distinctive. A development that stands out through design, quality, and its highly connected location.
With nearly 1,000m2 of land, the scope for a boutique multi-dwelling project (STCA) is significant. The size, zoning, and proximity to major infrastructure make this a standout site for anyone seeking a strategic investment with genuine upside.
Respecting the privacy of the current tenant, we welcome private inspections for committed buyers who cannot attend scheduled open homes. We will do our best to accommodate suitable times.
Opportunities of this scale, in locations as walkable and well-connected as James Street, are becoming increasingly scarce. For those searching for a site that offers both character and potential - this is a property that deserves your full consideration.
The property is currently leased at $510 per week / $2,216 per calendar month on a month-to-month tenancy, providing immediate holding income while future plans are considered.
Contact Vikram on 0413 396 797 or Harsh Dhindsa on 0451 920 477 for further information.
(PHOTO ID REQUIRED AT OPEN FOR INSPECTION)
Note: Due Diligence Checklist: http://www.consumer.vic.gov.au/duediligencechecklist
Disclaimer: Photos, measurements, and floor plans are provided for general reference only. While every effort has been made to ensure accuracy, variations may exist, and interested parties should rely on their own inspections, surveys, and legal advice. All dimensions are approximate, information is provided for general guidance only, and does not represent a vendor or agent's offer.
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