Lifestyle and Acreage Real Estate Proudly Presents: An Extraordinary Opportunity at 84-88 Main Street, Pakenham
We are excited to introduce this strategically located parcel of land encompassing 1,011 sqm within the highly sought-after Activity Centre Zone. This prime property stands ready for transformative development, making it an ideal prospect for discerning investors and developers seeking to capitalize on the robust growth of the region.
Property Highlights
Zoning Advantage: Located within the Activity Centre Zone, this property offers unparalleled flexibility in development options. It is suitable for a variety of high-density projects, including residential complexes, mixed-use retail spaces, and professional consulting suites (STCA). The Activity Centre Zone is a key designation that not only enhances the property's potential but also aligns perfectly with Pakenham's strategic growth initiatives, ensuring that your investment will be well-positioned for the future.
Prime Location: The property boasts a highly advantageous location adjacent to the Pakenham Place Shopping Centre, ensuring exceptional visibility and easy access for both residents and visitors. Situated just 600m from Pakenham Railway Station, the site benefits from seamless connectivity to public transport, making it attractive for commuters. Furthermore, being only 190m from the local post office significantly enhances the site?s appeal, contributing to high foot traffic and making it an excellent choice for commercial endeavors or residential developments.
Development Potential: The flexibility afforded by the Activity Centre Zone allows for a diverse range of innovative development concepts tailored to meet the needs of the growing Pakenham community. This property is ideal for high-density housing projects that can accommodate the increasing demand for modern living or vibrant mixed-use developments that promote community engagement. By positioning yourself at this key location, you can leverage Pakenham's ongoing urban evolution and secure substantial long-term returns on your investment.
Existing Character Home: The property currently features a charming character home with three generously sized bedrooms and a light-filled living room enhanced by ornate ceilings. This existing structure provides a unique opportunity for temporary residential or office use while development plans are being finalized. This transitional use ensures a seamless process as you bring your vision to fruition, allowing for continued utility of the space even as plans evolve.
Development Plans and Permits (STCA)
This property represents a significant opportunity to develop plans and secure permits subject to council approval (STCA). The scope for custom, high-impact projects allows you to manifest your creative vision, whether it involves designing contemporary residential units or establishing a bustling commercial hub. The potential for innovative design not only meets the immediate needs of the Pakenham community but also anticipates future demands, ensuring that your project remains relevant and valuable for years to come.
Investing in 84-88 Main Street, Pakenham is more than just acquiring a property; it is about seizing a pivotal opportunity to shape the future of this thriving community. For further information or to arrange a private viewing, please contact Lifestyle and Acreage Real Estate. Your next significant investment begins here, and we are committed to helping you realize your vision in one of Victoria's most promising locales.