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55 Mulcahy Rd, Pakenham, VIC 3810
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Property Highlights

PSP Approved 5.4 ha* Residential Development Site
  • 5.409 ha* Site
  • PSP approved
  • Potential for 54 lots (STCA)

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

Remember to mention you found this property on DevelopmentReady

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