700 Mcdonalds Drain Rd, Pakenham South is a 0 bedroom, 0 bathroom House and was built in 1940. The property has a land size of 492532m2. While the property is not currently for sale or for rent, it was last transferred in July 2007.
Raine & Horne Land is delighted to offer this exceptional parcel of 100 Acres approx. in Green Wedge Zone.
Positioned in an attractive pocket of Pakenham South, the future growth region
Minutes from Pakenham central and Pakenham Railway Station
Minutes from major freeway
Short distance to Urban Growth Zone
This is an ultimate opportunity for land bankers and investors.
Melbourne's population forecast to reach 8 Million by 2050. Melbourne is one of the most liveable, attractive and prosperous areas in the world for residents, business and visitors. Melbourne will continue to be a global city of opportunity and choice.
For more details please contact:
Atul Sama on 0450 470 266
Amandeep Singh on 0433 314 000
DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.
Please see the below link for an up-to-date copy of the Due Diligence Check List:
http://www.consumer.vic.gov.au/duediligencechecklist
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 127 properties. Over the last 5 years, Houses in Pakenham South have seen a 23.38% increase in median value. As at 31 October 2024:
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