430 Five Mile RoadPakenham South VIC 3810
Property Details for 430 Five Mile Rd, Pakenham South
Last Listing description (September 2018)
The Vendors have given clear instruction to sell. Set on approx 108 acres approx with 2 titles suitable for all types of livestock in Pakenham South. One title of 2.27 acres and another of 105.68 acres approx. A great hobby farm with potential for later sub-division in the future S.T.C.A. is this fantastic parcel of land. Fenced into 13 paddocks with wide laneway for access.
An abundance of shedding from hay sheds, stables, storage areas for machinery and storage.
Are you looking for the perfect opportunity to have the best of rural living with all the conveniences of a vibrant community that is less than 10 minutes to Pakenham, the Monash Freeway, Pakenham Railway Station and local schools?
The weatherboard home has two good sized bedrooms, one with robes, an open plan lounge and dining room. The kitchen has plenty of cupboard and bench space for preparation. There is a bathroom including large shower and toilet to service the home and a separate laundry with internal access. A solid fuel heater and split air conditioner takes care of you climate control. Verandahs around the home to sit back and relax
Key features of the property include:
- 2 titles - So you may have the possibilty of boundary re-alignment and significant short term profit potential if one parcel could be sold off
- Dam X 1
- Cattle yards
- Pumping rights 2.2 ML from McDonalds Drain-Bunyip
- 2 X stables
- Bore x to stock and domestic powered by windmills
- Wood shed
- Double car garage
- Shedding 14mx9.3m, 12mx27m approx.
- Disused dairy
- Water Tanks total holding capacity 50,000L approx
This large holding is extremely well positioned & has enormous potential. 7km to export grade cattle sale yards and only minutes to Cranbourne, Pakenham and just under an hour to Melbourne CBD.
**10 percent deposit on the day with 60 day settlement unless prior arrangement is made with the agent.
Property History for 430 Five Mile Rd, Pakenham South, VIC 3810
- 04 May 2018Listed for Sale Auction 14/07/18
- 14 Apr 2018Sold for $732,600
- 17 Nov 2017Listed for Sale Expressions of Interest
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0About Pakenham South 3810
The size of Pakenham South is approximately 22.7 square kilometres. The population of Pakenham South in 2011 was 235 people. By 2016 the population was 198 showing a population decline of 15.7% in the area during that time. The predominant age group in Pakenham South is 60-69 years. Households in Pakenham South are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Pakenham South work in a managers occupation. In 2011, 70.9% of the homes in Pakenham South were owner-occupied compared with 72.4% in 2016..
Pakenham South has 126 properties. Over the last 5 years, Houses in Pakenham South have seen a 11.26% increase in median value. As at 31 August 2024:
- The median value for Houses in Pakenham South is $1,429,760 while the median value for Units is $455,624.
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