705 Mcgregor RoadPakenham South VIC 3810
Property Details for 705 Mcgregor Rd, Pakenham South
Last Listing description (June 2024)
Raine & Horne Land Victoria is delighted to offer a premium parcel at a phenomenal location just under 3 kms from the Urban Growth Boundary. Boasting on an enormous 71 Acres Approx. this parcel presents an idyllic choice for farmers, investors or land bankers, to secure a well-established and tightly held rural offering.
Key Features:
• 4 bedroom and 2 bathroom House
• 4 Minutes to Monash Freeway
• 4 Minutes to Pakenham Employment Precinct
• 5 mins approx. from Cardinia Primary School
• 5 mins approx to Pakenham Springs Primary School
• 10 mins approx to ECG College Pakenham and Officer Secondary College
• Under 10 mins to Pakenham Station
The growth area has the added benefit of development opportunities around two electrified railway lines, as well as the Monash/Princes and South Gippsland Freeways, connecting Casey to Gippsland, Phillip Island, the Mornington Peninsula and greater Melbourne.
Right on the door step of the ever growing Cardinia and Casey Municipality, it's only a matter of time before you can reap the rewards of this outstanding opportunity. Cardinia is currently growing by an average of five families a day and will house a total of 157,035 people and provide between 100,000 and 140,000 jobs.
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
Property History for 705 Mcgregor Rd, Pakenham South, VIC 3810
- 04 Jun 2024Sold
- 28 May 2024Listed for Sale Sold
- 04 Sep 2023Listed for Sale Contact Agent
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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 128 properties. Over the last 5 years, Houses in Pakenham South have seen a 23.38% increase in median value. As at 31 October 2024:
- The median value for Houses in Pakenham South is $1,628,150 while the median value for Units is $949,963.
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