FOR SALE
$700,000 - $770,000

4 Ann Crescent
Pakenham VIC 3810

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 791m2
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WANT TO MAKE MONEY IN PROPERTY? THIS IS WHAT YOU BUY.

"Want to make money in property but not sure where to start? Well, let's talk about 4 Ann Crescent."
Plans and permits are already approved for four supreme townhouses. The stress and red-tape has been done for you so all it takes is for you to build and then cash in.
At 4 Ann Crescent the land component is 791sqm approx and entirely flat. The property is also ideally located in the established Pakenham neighbourhood - walking distance to Pakenham Train Station, Main Street shops and primary/secondary schools.
Currently the property is being used as a rental and for an older home the property is in remarkable condition, featuring:
- Three bedrooms, master and second bedroom with built-in robes;
- Renovated bathroom;
- Secondary toilet;
- Ducted heating;
- Large living room;
- Single car remote lock up garage and additional under cover area behind the garage for an additional car space;
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Property Details for 4 Ann Cres, Pakenham

4 Ann Cres, Pakenham is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 791m2. The place is currently for sale with Ray White Officer.

Building Type
House
Land Size
791m2

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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 26,324 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 231 properties listed for sale, and 50 properties listed for rent in Pakenham on OnTheHouse. According to CoreLogic's data, 1213 properties were sold in the past 12 months in Pakenham.

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Gavin Staindl
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Rachael Dalton
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Ray White Officer
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