Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.
156 Princes Highway
Pakenham, VIC 3810
$495,000 - $535,000
Overview
156 Princes Highway, Pakenham VIC 3810
Situated on the Princes Highway service road, this property offers a unique opportunity for renovators, builders, and developers to leverage its high exposure location. The site is positioned on an approximately 393 square meter allotment, providing a substantial footprint for various development possibilities.
The existing structure is a character-filled dwelling that adds charm and potential to the property. This residence presents excellent prospects for renovation, allowing buyers to restore and enhance its original features to create a comfortable and stylish home.
Alternatively, the property holds significant potential for demolition and redevelopment, subject to council approval. This flexibility makes it an attractive option for those looking to build anew or explore commercial opportunities.
One of the notable possibilities includes the development of medical or consulting suites, subject to the necessary approvals. This aspect highlights the property's versatility and suitability for professional or commercial use, capitalizing on the strategic location and accessibility.
Overall, this holding is ideal for those seeking a project with multiple avenues for value addition, whether through renovation, redevelopment, or commercial adaptation. Its location, size, and existing features combine to create a compelling proposition in the Pakenham market.
Location
Pakenham VIC 3810
Market Insights for Pakenham VIC 3810
Other properties in this postcode
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
