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Overview
This two-bedroom unit offers an excellent investment opportunity within a secure and well-maintained complex that fosters a strong sense of community. Its low-maintenance design suits investors who want immediate rental income with a reliable tenant who is keen to stay long term.
The property thoughtfully balances functionality and comfort. Two generously sized bedrooms provide comfortable sleeping quarters, complemented by a centrally positioned bathroom that serves both residents and guests efficiently.
Living spaces include a practical kitchen and a connected living area that encourages easy day-to-day living. A single lock-up garage adds convenience and security for vehicle parking and additional storage.
Outdoors, the private yard with established gardens offers a relaxing retreat and potential for gardening, enhancing the lifestyle appeal for long stay tenants.
Strategically located just moments from Pakenham's Main Street shopping precinct and key transport links including train and bus services, this unit also benefits from proximity to local schools and scenic parklands with walking trails. The upcoming Monash Hospital development nearby is likely to increase the area's attractiveness and support future capital growth.
Overall, this property is ideal for investors seeking a low-effort, high-value addition to their portfolio in one of Pakenham's expanding residential hubs.
Local Market Insights
In Pakenham, Quiet Listings observed 10 new units entering the market over the last 30 days, up from 6 during the previous 30-day period, with an average advertised asking price of $529,900. The property type mix of listed properties is predominantly Houses at 71%, followed by units (10%), and townhouses (6%). The most active agency for units in the Pakenham area is currently Harcourts, representing 20% of new listings. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Market Insights for Pakenham VIC 3810
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