Stonebridge Property Group is pleased to present for sale 55 Mulcahy Road, Pakenham.
- Regular shaped landholding with potential for a 54 lot residential lot subdivision project (STCA)
- Opposite existing and underway developments on 3 out of the 4 site boundaries
- The site area of 5.409 ha* boasts a highly efficient NDA of 5.124 ha*
- Existing improvements include an immaculate 5 bedroom home which could be intelligently incorporated into future development (STCA)
- Walking distance to Village Lakeside Shopping Centre (700 m*) & Bunnings Pakenham (350 m*)
- Located within a precinct that is forecast to have 2.95% annual population growth over the next 20 years from 120,000 to 200,000, aiding consistent demand for new residential lots^
- The median Pakenham house price is $611,000 — up 17.5% in the last 12 months^^
*Approx.
^PopulationID
^^REIV
To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group:
Julian White
0422 764 137
Chao Zhang
0411 625 068
Dylan Kilner
0459 396 341
Property Code: 359
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