Lot 31 - Co-Living New Horizon Estate W/ 5-Year Rental Guarantee - Pakenham

Description

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Pakenham is a suburb located in the southeastern part of Melbourne, Victoria, Australia. It is part of the rapidly expanding outer suburban area, known for its blend of residential, commercial, and semi-rural zones.

Pakenham has several primary and secondary schools, including Pakenham Secondary College, Beaconhills College (Pakenham Campus), St. Patrick's Primary School, and Pakenham Consolidated School. There are also childcare centers and kindergartens.The suburb offers various shopping options, including Pakenham Central Marketplace, Pakenham Place Shopping Centre, and Lakeside Square. There are supermarkets, specialty stores, cafes, and restaurants.There are multiple medical facilities, including Pakenham Medical Clinic, Casey Hospital (in nearby Berwick), dental clinics, and allied health services. A private hospital, St. John of God Hospital, is also planned for future development.

Pakenham is well-served by public transport, particularly by the Pakenham railway line, which provides direct train services to Melbourne's CBD. There are also several bus routes connecting Pakenham to neighboring suburbs.Major roads, including the Princes Freeway (M1), provide direct access to Melbourne and other regional centers. The recent extension of the freeway has improved connectivity and reduced travel times

Pakenham is home to several parks, reserves, and recreational areas, such as P.B. Ronald Reserve, Toomuc Valley Reserve, and Lakeside Recreation Reserve. The suburb has walking and cycling trails, picnic spots, and playgrounds.The suburb has numerous sports facilities and clubs, including football, cricket, tennis, soccer, and netball. The Cardinia Life Recreation Centre offers a gym, indoor swimming pools, and sports courts.Pakenham hosts local markets, community events, and festivals throughout the year, reflecting its vibrant community spirit.

• Property Type: House and LandCashflow PositiveCo-LivingSMSF
• Property Stage:
• Price: $ 606,110.00
• Land Price: N/A
• Build Price: N/A
• Beds: 2
• Bath: 2
• Garage: 1
• Storey: 1
• Study: N/A
• Power Rooms: N/A
• MPR: N/A
• Powder Room: N/A
• Balcony: N/A
• Floor Plan: Type C
• Completion: N/A
• Land Size: N/A
• Area Size: N/A
• Year Built: N/A
• Est. Rates: N/A
• Est. Rent PW: 600.00
• Est. Body Corp.: N/A
• Title Status: Registered
• Gross Per Week: $ 600.00
• Gross Per Annum: N/A
• Gross Yield: N/A
• Capital Growth 12 Months: -2.4018
• Capital Growth 10 Year Annualised: 6.0706
• Vacancy Rate: 0.51