FOR SALE
$650,000 to $715,000

1/16-20 Cormorant Parade
Pakenham VIC 3810

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
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Luxurious Terrace with Captivating Water Views

Experience the height of lifestyle living in this impeccably designed two-story terrace, nestled in the prestigious ‘Cormorant Cove’ precinct in Lakeside. With the tranquil lake just steps away and premier amenities within easy reach, this residence is among the estate's most desirable locations.
Crafted to the highest standards, this home seamlessly blends style and functionality. The ground floor showcases a stunning kitchen, complete with Caesar stone benchtops, a freestanding 900mm oven, cooktop, convection microwave, and dishwasher. The light-filled dining and living areas flow effortlessly onto a decked outdoor entertaining space, perfect for soaking in the breathtaking lake views. Additional conveniences include a powder room, laundry, and a remote-controlled garage with direct home access. A small part of the double garage has been converted into an additional utility/storage room.
Upstairs, the home continues to impress with even more stunning views and a second living area. The master suite features a west-facing balcony, a walk-in robe, and a luxurious ensuite with double vanities and a spacious shower. Two additional bedrooms, each with built-in robes and access to an east-facing balcony, share a sleek main bathroom.
This residence is packed with premium features, including gleaming cedar timber floors, zoned reverse cycle air conditioning, a state-of-the-art alarm system, and double-glazed windows. It’s also equipped with ducts should the lucky new owner wish to install a ducted vacuum system in the future. Additional highlights include a motorized outdoor awning, a natural gas BBQ point to the outdoor entertaining area, and generous storage throughout. For added convenience, a ThyssenKrupp chairlift is installed on the stairway, ensuring easy access to the upstairs for individuals with mobility challenges.
The low-maintenance design allows you to fully embrace the exceptional location, whether you are enjoying scenic walks around the lake and parklands, dining at nearby cafes and restaurants, or simply relaxing with a glass of wine as the setting sun glistens on the water!
Indulge in the ultimate lakeside lifestyle in this stunning terrace.
Please note: All property details listed were current at the time of publishing. Due to extreme buyer demand, some properties may have been sold in the preceding 24 hours. Therefore confirmation of all opens with the listing agent within 24 hours of their scheduled opening is advised.
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Property Details for 1/16-20 Cormorant Pde, Pakenham

1/16-20 Cormorant Pde, Pakenham is a 3 bedroom, 2 bathroom Terrace with 2 parking spaces. The place is currently for sale with LJ Hooker Pakenham.

Building Type
Terrace

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About Pakenham 3810

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 2011 was 33,998 people. By 2016 the population was 46,408 showing a population growth of 36.5% in the area during that time. The predominant age group in Pakenham is 0-9 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 2011, 67.6% of the homes in Pakenham were owner-occupied compared with 65% in 2016.

Pakenham has 26,412 properties. Over the last 5 years, Houses in Pakenham have seen a 40.57% increase in median value, while Units have seen a 28.24% increase. As at 31 August 2024:

  • The median value for Houses in Pakenham is $704,031 while the median value for Units is $493,764.
  • Houses have a median rent of $520 while Units have a median rent of $450.
There are currently 254 properties listed for sale, and 33 properties listed for rent in Pakenham on OnTheHouse. According to CoreLogic's data, 1265 properties were sold in the past 12 months in Pakenham.

Suburb Insights for Pakenham 3810

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Cale Popovits
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Loren Popovits
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LJ Hooker Pakenham
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.