Location plus opportunity equals brilliant buying Set in the heart of one of the fastest growing suburbs in the country and within walking distance to the Main Street shops, the train station and across the road from park lands and the bowling club plus many of Pakenham's amenities, this un-incumbent block of approximately 629m2 offers an outstanding investment or development opportunity in a dynamic, demand driven market. With the potential to construct 2 town houses (STCA), this represents outstanding value for money right now. The home comprises 2 bedrooms, and one bathroom, a kitchen/meals area and a lounge, while you plan how you would like to develop the block. 3-bedroom town houses are currently selling for between $470,000 and $500,000 in this immediate area right now and prices are still rising.