725 Koo Wee Rup Rd, Pakenham South is a 4 bedroom, 2 bathroom House and was built in 1940. The property has a land size of 36099m2 and floor size of 152m2. While the property is not currently for sale or for rent, it was last sold in July 2022.
DECEASED ESTATE - WILL BE SOLD.
(9 ACRES - 3.643HA)
Harcourts Pakenham are proud to offer this prime parcel of land (9 acres) which has been held in the family for over 90 years. The property itself is a five minute drive to Pakenham's CBD.
This blue chip investment is perfect for land banking or sets itself up for farming as the pasture is heavy black loam ideal for growing vegetables, cropping and grazing. Ideally a perfect horse property also awaits you.
The home is unfortunately unlivable and all the shedding needs replacing with new fencing SO YOU ARE BUYING THE PROPERTY AS IS.
Other features include tank water with over 70,000 litres of water.
Close to Pakenham Racecourse and the M1 FREEWAY and with the new double lane carriage way from Pakenham to neighbouring town Koo Wee Rup proposed completion in 2025 makes this awfully appealing.
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 14.23% increase in median value. As at 30 November 2024:
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