Immediate Cashflow with Approved 5-Townhouse Permit

Being one of the fastest growing suburbs in the South East Growth Corridor, with a range of public and private schools, shopping facilities and two train stations, Pakenham is a smart suburb invest. Ripe for development, with all the hard work done, sitting on a huge 1100sqm allotment! The current residence offers 4 bedrooms plus multiple living areas, rented with at $1,040 per week – bonus of a good return. A wide 22.8m frontage x 48.1m depth, the opportunities are endless. Current planning permit is approved for 5 townhouses – a mixture of 3 and 4 bedroom dwellings. Such a good location, such great potential for a builder to start their next project with no delays. Contact us today for an inspection and more information.<br/><br/>