FOR SALE
$550,000 - $605,000

13 Charles Street
Pakenham VIC 3810

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 760m2
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CERTIFIED MONEY MAKER

"Embrace the Potential: A Developer's Haven in the Heart of Pakenham!"
Seize the opportunity to redefine living in Pakenham with this exceptional property. On an expansive 760m2 block, this hidden gem presents boundless possibilities for visionary developers and investors alike.
Conveniently located in a tranquil cul-de-sac, yet just a stone's throw away from the bustling Pakenham Train Station and Main Street, this address offers the perfect blend of serenity and accessibility. Immerse yourself in the vibrant local community, where every shopping need is met.
Boasting a charming 2-bedroom home, complete with an inviting outdoor sunroom and a convenient external shed offering space for one car, this property serves as a canvas for your next masterpiece.
But the house is just a bonus. It's the land that holds the true value - envision the future potential of this prime real estate. With certified drawings the possibility exists to transform this parcel into a residential oasis, with the capacity to accommodate at least two modern four bedroom townhouses, perfectly tailored to meet the demands of contemporary living (STCA).
Additionally, you can delight in the proximity to walking tracks and parks, providing an idyllic escape amidst the hustle and bustle of daily life.
Don't let this unparalleled opportunity slip through your fingers. Whether you're seeking to embark on your next development venture or add a lucrative asset to your investment portfolio, this property promises an unparalleled return on investment. Elevate your expectations and unlock the true potential of Pakenham living - schedule your inspection today and prepare to be inspired.
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Property Details for 13 Charles St, Pakenham

13 Charles St, Pakenham is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 760m2. The place is currently for sale with Ray White Officer.

Building Type
House
Land Size
760m2

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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 26,538 properties. Over the last 5 years, Houses in Pakenham have seen a 32.25% increase in median value, while Units have seen a 27.30% increase. As at 30 November 2024:

  • The median value for Houses in Pakenham is $693,217 while the median value for Units is $507,560.
  • Houses have a median rent of $548 while Units have a median rent of $470.
There are currently 186 properties listed for sale, and 43 properties listed for rent in Pakenham on OnTheHouse. According to CoreLogic's data, 1236 properties were sold in the past 12 months in Pakenham.

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Suburb Insights for Pakenham 3810

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Gavin Staindl
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Rachael Dalton
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Ray White Officer
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