Back 16 King Street
Off Market

16 King Street

Pakenham VIC 3810

3
2
1
1027 m²
House
Last sold for $870,000
Vikram RaichuraVikram Raichura, last sold this property on 03 November 2025 after 13 days on market.

Overview

Prime Activity Centre Zoned Opportunity

Goldbank Real Estate proudly presents an exceptional opportunity in the heart of Pakenham's vibrant town centre. Set on approximately 1,027m² of Activity Centre Zoned (ACZ1) land, this property offers enormous future potential for developers, investors, or owner-occupiers alike. Subject to Council Approval (STCA), the site lends itself to medium- to high-density residential, mixed-use, or commercial development perfectly positioned within Pakenham's growing urban hub. The existing residence features: Three spacious bedrooms Two well-appointed bathrooms Generous living and dining zones Ample off-street parking with space for multiple vehicles Located just moments from Pakenham Train Station, Main Street shopping precinct, cafés, medical centres, and schools, this address offers both exceptional convenience and strong future growth prospects. Whether you're looking to develop, invest, or landbank, 16 King Street delivers the perfect balance of immediate comfort and long-term potential in one of Pakenham's most strategically positioned corridors. For more information or to arrange a private inspection, please contact: Vikram Raichura 0413 396 797 Sukhdeep Singh 0412 003 466 (PHOTO ID REQUIRED AT OPEN FOR INSPECTION) Note: Due Diligence Checklist: http://www.consumer.vic.gov.au/duediligencechecklist Disclaimer: All dimensions are approximate. Information provided is for general guidance and does not represent a vendor or agent's offer.

Features

3 bedrooms
2 bathrooms
1 carspace
1027 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Pakenham over the last 12 months, the estimated median property value of 16 King Street is $675.5k.

Median value
$675.5k
Estimated value range
$475k - $1.62m
Median days on market
24
Estimated value trend
9%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Pakenham. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 16 King Street

2025
Sold
$870,000
Private Sale/Treaty on 03 Nov 2025 by Vikram Raichura, of Journey Real Estate - Cranbourne

Happy sellers in Pakenham

90%
90% of sellers in Pakenham reported that their sale price either exceeded or met their price expectations.

Pakenham stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 148 reviews in Pakenham over the last 12 months.

Local market activity for 3 bedroom houses in Pakenham

In the last 12 months, 513 three-bedroom houses similar to 16 King Street, have been sold.

This represents a 14% increase in three-bedroom houses sales when compared to the previous 12 months.

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