"Want to make money in property but not sure where to start? Well, let's talk about 4 Ann Crescent." Plans and permits are already approved for four supreme townhouses. The stress and red-tape has been done for you so all it takes is for you to build and then cash in. At 4 Ann Crescent the land component is 791sqm approx and entirely flat. The property is also ideally located in the established Pakenham neighbourhood - walking distance to Pakenham Train Station, Main Street shops and primary/secondary schools. Currently the property is being used as a rental and for an older home the property is in remarkable condition, featuring: - Three bedrooms, master and second bedroom with built-in robes; - Renovated bathroom; - Secondary toilet; - Ducted heating; - Large living room; - Single car remote lock up garage and additional under cover area behind the garage for an additional car space; - Solar panels. But let's be real. It's the location that you are buying. And the fact that it's so hard to buy decent size blocks of land in Pakenham that you can subdivide. What's better, all the hard work has been done. As a good friend of mine once said about this house "Gavin, this is a money-making machine". Ray White holds itself to the highest standards of accuracy; however, prospective buyers are encouraged to conduct their own due diligence to verify the aforementioned details.