FOR SALE
EXPRESSION OF INTEREST

105 Mulcahy Road
Pakenham VIC 3810

Bedrooms: -
Bathrooms: -
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Land area: 14.5ac
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Elias Salimi Presents This Magnificent Development in the Heart of Pakenham

Real Estate Xpert is pleased to present an exclusive opportunity to acquire 105 Mulcahy Road, Pakenham, through Expressions of Interest. Spanning an impressive 5.87 hectares (14.5 acres), this premium development site is strategically positioned within Victoria's South-East Growth Corridor, encompassed by the gazetted Cardinia Road PSP.
Key Features:
Strategic Location: Nestled in the heart of Pakenham, this prime landholding offers seamless connectivity. Centrally located between Cardinia Road and Pakenham Railway Stations, it provides convenient access to transportation networks.
Versatile Zoning: With zoning that accommodates both residential and industrial uses, this development opportunity is well-suited for a range of projects. The potential for 53 residential lots (STPA) and a 1.242-hectare industrial super lot opens the door to a diverse array of possibilities.
Striking Connectivity: Positioned just north of the Princes Highway, the property ensures easy access to neighbouring townships such as Officer and Pakenham, while facilitating swift transit to Melbourne's CBD.
Established Precinct: Situated within a well-established precinct of the Cardinia Road PSP, the property shares its surroundings with some of Australia's leading ASX listed and private developers, including Lendlease, Galileo Group & Sightstone.
Premium Development Opportunity: This infill development opportunity boasts immediate proximity to Pakenham and Officer Town Centres, providing an ideal setting for upscale residential and industrial projects.
Exclusive Environment: Catering to the discerning buyer, this property is introduced to the market by Elias Salimi, ensuring a level of distinction and sophistication that aligns with the expectations of esteemed investors.
Don't miss the chance to secure a foothold in this thriving growth corridor. Express your interest now and be part of the legacy that 105 Mulcahy Road, Pakenham, promises to deliver.
For inquiries and expressions of interest, please contact Elias Salimi at 0412 676 898

Property Details for 105 Mulcahy Rd, Pakenham

Building Type
Commercial
Land Size
14.5ac

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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 26,454 properties. Over the last 5 years, Houses in Pakenham have seen a 35.09% increase in median value, while Units have seen a 27.84% increase. As at 31 October 2024:

  • The median value for Houses in Pakenham is $695,591 while the median value for Units is $503,582.
  • Houses have a median rent of $540 while Units have a median rent of $460.
There are currently 238 properties listed for sale, and 47 properties listed for rent in Pakenham on OnTheHouse. According to CoreLogic's data, 1232 properties were sold in the past 12 months in Pakenham.

Suburb Insights for Pakenham 3810

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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.