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8-14 Swan Street, Pakenham VIC 3810

$990,000 - $1,080,000

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$990k - $1.04M Transparent Transparent Listing Based on an openly advertised listing price.

Land 825 m²

Listed: 55 days ago

Overview

This unique offering consists of four adjoining vacant allotments situated in a highly convenient part of Pakenham, providing an exceptional opportunity for builders, developers, or land buyers seeking flexibility in acquisition. The sizes vary from 188 square meters for three of the allotments to 261 square meters for the largest, combining for a total land area of 825 square meters if acquired together.

Located just moments from key amenities such as the Village Way Shopping Centre and Cardinia Road Train Station, the site benefits from excellent accessibility to shopping, transport, and essential services, enhancing the lifestyle appeal for future occupants or investors considering development potential.

The allotments can be secured individually or collectively, allowing for tailored investment or building plans. The sale is managed through a private treaty via an online sales process, which facilitates flexible selling conditions and provides prospects for qualified buyers to act promptly.

Allotment 8 (Lot 46): 188m²
Allotment 10 (Lot 45): 188m²
Allotment 12 (Lot 44): 188m²
Allotment 14 (Lot 43): 261m²

This land offering is particularly suitable for developers looking to capitalize on an infill opportunity or homebuilders seeking a carefully positioned parcel in a growing area. The proximity to transport hubs and retail points underscores convenience and community connectivity, making it a smart choice for a variety of buyers.

Local Market Insights

In Pakenham, Quiet Listings observed 6 new parcels of land entering the market over the last 30 days, up from 3 during the previous 30-day period, with an average advertised asking price of $911,667. The property type mix of listed properties is predominantly Houses at 65%, followed by units (12%), and land (7%). The most active agency for land in the Pakenham area is currently Ray White, representing 17% of new listings, followed by The Glades at Byford Estate with 17%. 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.