10 John St

Pakenham VIC 3810

185 m²

920 m²

House

Currently for sale - view listing

Overview

Exceptional Development Opportunity in the Heart of Pakenham – Five Townhouses Potential (STCA)

10 JOHN STREET, PAKENHAM VIC 3810 A substantial landholding. An income-producing investment. An opportunity to unlock future potential. Lifestyle & Acreage Real Estate proudly presents an exceptional opportunity to secure a substantial residential allotment in an established and convenient pocket of Pakenham. Positioned on approximately 920m², with an impressive 18.3-metre frontage and 50.3-metre depth, this property offers an exciting proposition for developers, builders and astute investors looking to capitalise on the area's established residential appeal. The property currently features a three-bedroom residence comprising one bathroom and a separate toilet, complemented by a substantial shed at the rear. With the existing home generating rental income, buyers have the opportunity to secure an income-producing asset while exploring its exciting future possibilities. FIVE TOWNHOUSES – DEVELOPMENT POTENTIAL (STCA) Adding to the appeal, an indicative architectural concept has been prepared to showcase the potential for a boutique development of five contemporary townhouses. The concept illustrates: Five modern two-storey townhouses Potential three-to-four-bedroom designs Two-to-three bathrooms per residence Individual garages Private outdoor entertaining areas Landscaped surrounds and common driveway access Whether you are looking to undertake your next development project or secure a strategic landholding for the future, this is an opportunity worth serious consideration. EXISTING PROPERTY HIGHLIGHTS Approximately 920m² landholding 18.3m frontage and rear width 50.3m depth Three-bedroom existing residence One bathroom plus separate toilet Substantial rear shed Currently generating rental income Potential for future redevelopment (STCA) A LOCATION THAT ADDS VALUE Enjoy the convenience of an established Pakenham location, with key amenities within easy reach, including: PB Ronald Park directly opposite Pakenham Main Street shopping, cafés and restaurants Local schools and childcare facilities Pakenham railway station and public transport Shopping centres and everyday conveniences Major road connections THE OPPORTUNITY IS YOURS TO EXPLORE Opportunities combining substantial land, an existing income-producing residence and potential for a multi-townhouse development are increasingly attractive to the market. Whether you are a developer ready to explore your next project, a builder seeking your next site or an investor looking for an asset with both immediate income and future upside, 10 John Street deserves your attention. Invest today. Generate income. Explore the possibilities for tomorrow. Contact Lifestyle & Acreage Real Estate today to arrange an inspection. Disclaimer: Lifestyle & Acreage Real Estate has taken all reasonable steps to ensure the information contained herein is accurate. Prospective tenants should make their own enquiries to verify all information provided. Measurements and property details are approximate only.