966m² FLAT BLOCK
PROMINENT PRINCES HWY EXPOSURE
MULTIPLE DEVELOPMENT OPPORTUNITY - STCA
Rarely does an opportunity combine substantial land, strategic positioning and an existing family home in one package.
Positioned on the Princes Highway service road, 172 Princes Highway, Pakenham offers 966m² of flat, strategically positioned land in a highly accessible location, surrounded by established medical centres, childcare facilities and supporting amenities.
The combination of land size, service-road positioning, accessibility and surrounding infrastructure presents an exciting opportunity to explore a range of future development options, including the potential for multiple-unit development, STCA.
For developers, investors and astute buyers, the substantial landholding provides the opportunity to investigate the property's future potential and highest and best use, subject to all relevant planning requirements and council approval.
THE EXISTING RESIDENCE
Adding further appeal is the sizable four-bedroom, two-bathroom family home, providing generous accommodation within a securely gated setting.
The home offers a practical family layout, while outside, a covered pergola and in-ground swimming pool create an enjoyable environment for entertaining and family living.
MULTIPLE FUTURE OPTIONS
Whether you're looking to explore multiple-unit development potential, STCA, investigate the potential for a future medical or allied-health related use, subject to planning approval, secure and hold a substantial landholding, or simply live in and enjoy the existing residence while considering your longer-term plans, 172 Princes Highway offers the flexibility to explore a range of possibilities.
KEY HIGHLIGHTS
- 966m² flat landholding
- Prominent Princes Highway service-road position
- Multiple development opportunities STCA
- Surrounded by established medical centres
- Close to childcare facilities and supporting amenities
- Excellent accessibility
- Sizable 4-bedroom, 2-bathroom family home
- Secure gated property
- Covered outdoor entertaining area
- Strong appeal to developers, investors and owner-occupiers
172 Princes Highway presents the opportunity to secure a substantial parcel within an established and evolving Pakenham precinct, offering the flexibility to live, invest or explore its future potential, STCA.
(Any development, subdivision or alternative use is subject to council approval, planning requirements and all relevant authorities. Buyers are advised to undertake their own independent due diligence.)
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