TWO HOMES ON 85.12 ACRES. VENDOR WANTS AN OFFER.
With the new Pakenham Race club at Tynong about to open up this is one opportunity for some lucky buyer to acquire this magnificent parcel of land with two residences that is only a 8 km drive to the new track, 15 minutes to the Pakenham township and a straight freeway the whole way drive to Melbourne. *85.12 Acres (34.45h) with superb undulation, perfect for all seasons with great scope for future infrastructure development. * 2 brick veneer homes, Main residence, 4 bedrooms, 3 living, double garage. Second Residence, 4 bedroom, open plan living. Both homes offering privacy & taking pride of place with beautiful views. * Tank water & unlimited water supply from reticulation channel. *Shedding including, Stables, Machinery/float, Car accommodation. *Day yards & loose boxes, cattle yards. The property fronts Brew Rd and has Wright Rd as another possible access point. This is the perfect property for owners, trainers or an astute investor with the two residences and land offering the opportunity of a great return in an area that is well sought after. For a private viewing of this property call Mark Woods from Stockdale & Leggo.
The size of Tynong North is approximately 48.5 square kilometres. It has 5 parks covering nearly 40.7% of total area. The population of Tynong North in 2011 was 415 people. By 2016 the population was 426 showing a population growth of 2.7% in the area during that time. The predominant age group in Tynong North is 50-59 years. Households in Tynong North are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Tynong North work in a managers occupation. In 2011, 80.1% of the homes in Tynong North were owner-occupied compared with 79.4% in 2016..
Tynong North has 184 properties. Over the last 5 years, Houses in Tynong North have seen a 45.11% increase in median value, while Units have seen a 1.42% increase. As at 31 October 2024:
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