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Lot H, PS400130 Princes Highway Pakenham, VIC 3810

Lot H, PS400130 Princes Highway,
Pakenham, VIC 3810

Development Sites & Land • Shops & Retail

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Expressions of Interest Closing January 14th. Service Station and Shops on Princes Highway Pakenham Development Site Permit Ready!

Are you looking for a remarkable investment opportunity that promises high potential and strategic value? Look no further! This exceptional property, nestled at the prominent junction of Princes Highway and Sir Thomas Drive in Pakenham, Victoria, is your gateway to prosperity.

The Property: 🏞️ Land Size: An impressive 9,124 square meters. 🛣️ Frontage: 85 meters along Princes Highway, and 119 meters along Sir Thomas Drive. 🌆 Zone: Mixed Use - Highly flexible for various development options. 🏢 DA Approved: Existing Development Approval for a Petrol Station and Fast Food establishment.

Prime Location: Situated strategically between Pakenham and the Pakenham East Precinct Structure Plan (PSP), this property is ideally placed in one of Australia's most sought-after growth corridors. Its address at Princes Highway Corner Sir Thomas Drive ensures easy accessibility and high visibility, adding intrinsic value to your investment.

Pakenham Overview: Pakenham, just 56 kilometers southeast of Melbourne's CBD, is at the heart of the booming Shire of Cardinia. As a designated Urban Growth Area, this region is one of Australia's fastest-growing areas, with the population projected to reach 182,833 by 2041 - a remarkable 40% increase from 2023.

Strategic Advantage: Pakenham enjoys excellent connectivity through the Princes Highway and Princes Freeway road networks. These major arterial routes link Pakenham not only to Melbourne but also to Gippsland and beyond. The property's location at this vital crossroads positions it as an ideal choice for a wide range of ventures.

Development Potential: The property's strategic location and flexible Mixed Use Zone designation open up a world of possibilities. Imagine a mixed-use development that includes a Petrol Station and Convenience Store, Fast Food outlets, Supermarkets, Medical Centers, Child Care facilities, and more. This is your prime opportunity to invest in a high-growth area with tremendous potential for returns.

Don't miss out on this unique and lucrative investment prospect. Act now and secure your place in the future of Pakenham's thriving landscape. Contact us today to learn more and make this opportunity yours.

Property Code: 824

Property ID: 504482304Last Updated: 13 Dec 2023

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Lot H, PS400130 Princes Highway
Pakenham, VIC 3810
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