Raine & Horne Land Victoria proudly presents a rare and substantial 49.22-acre landholding within Melbourne's rapidly expanding Pakenham East PSP and GWZ, offering an exceptional blend of immediate lifestyle appeal and outstanding long-term residential development potential.
Positioned within one of Victoria's fastest-growing regions and surrounded by major master-planned communities, this strategically located property represents a compelling opportunity for developers, land bankers and astute investors alike. With a significant portion of the land already within the Approved Pakenham East Precinct Structure Plan (PSP) and further land held within the Green Wedge Zone, this holding offers flexibility, scale and future upside rarely found in today's market.
Property Features:
• Total land size of 49.22 acres*
• 27 acres within the Approved Pakenham East PSP*, including a Net Developable Area (NDA) of 14.18 acres, primed for future residential development (S.T.C.A)
• 22.22 acres in GWZ*, offering land banking and lifestyle flexibility
• 3-bedroom, 1-bathroom residence located within the GWZ
• Surrounded by major master-planned communities including Averley (Stockland), Ridgelea (Parklea), Kala (SIG Group), Maple Grove (Satterley)
• Stone's throw to the Princes Highway
• Approx. 5 minutes to Pakenham East Railway Station
• Approx. 5 minutes to Nar Nar Goon Township
• Approx. 9 minutes to Pakenham Township
• Approx. 15 minutes to Southside Racing (formerly Pakenham Racecourse)
• Approx. 20 minutes to Westfield Fountain Gate Shopping Centre
• Just over 1 hour to Melbourne CBD
Call Kevin Paghdar on +61 426 510 510 Or Atul Sama on +61 450 470 266 today for further enquiries.
Interested parties should conduct their due diligence prior to making any submissions. Given are for general information only and do not constitute any representation on the part of the vendor or agent.
Due Diligence Checklist -
http://www.consumer.vic.gov.au/duediligencechecklist
