A lucrative opportunity awaits in the heart of Pakenham! Situated on a substantial 1,532m allotment, this prime property is perfect for investors seeking rental returns and long-term development potential.
Key Highlights:
Large Landholding 1,532m (approx.) with flexibility for future development.
Prime Location Everything Within Reach
Retail & Shopping:
Pakenham Central Marketplace 800m*
Main Street Shopping & Dining Precinct Walking distance
Transport & Connectivity:
Pakenham Train Station 950m* (direct city access)
Princes Highway & Freeway Minutes away
Healthcare & Medical Services:
Monash Health Pakenham 2km*
Pakenham Medical Centre Nearby
Education & School Catchments:
Pakenham Springs Primary 2km*
St Patrick's Primary 1.7km*
Pakenham Hills Primary 2.5km*
Beaconhills College 3km*
Why Invest in 51 King Street?
Development-Ready Skip lengthy approval processes with pre-approved 8-townhouse plans.
Strong Growth Potential Pakenham's rapid expansion fuels increasing housing demand.
Strategic Location Close to transport, schools, shopping & lifestyle amenities, ensuring strong rental and resale appeal.
Seize This Exclusive Opportunity!
Contact:
Sukhdeep Singh 0412 003 466
Vikram Raichura - 0413 396 797
Due Diligence Checklist: www.consumer.vic.gov.au/duediligencechecklist
Disclaimer: All dimensions are approximate. Buyers are encouraged to conduct their due diligence.
The size of Pakenham is approximately 85.9 square kilometres. It has 124 parks covering nearly 5.8% of total area. The population of Pakenham in 2016 was 46421 people. By 2021 the population was 54118 showing a population growth of 16.6% in the area during that time. The predominant age group in Pakenham is 30-39 years. Households in Pakenham are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Pakenham work in a trades occupation.In 2021, 65.00% of the homes in Pakenham were owner-occupied compared with 65.00% in 2016.
Pakenham has 27,519 properties. Over the last 5 years, Houses in Pakenham have seen a 24.73% increase in median value, while Units have seen a 29.08% increase. As at 30 April 2026:
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