51 King St, Pakenham, presents a lucrative investment opportunity with its current tenanted status. This prime site boasts 1532m² of land with approved plans and permits for 8 townhouses. Situated in the heart of Pakenham, close to the train station and shopping center, convenience is at its peak for tenants. With all the hard work already completed, this property is an ideal option for astute investors looking for immediate returns. Don't miss out on the chance to secure a stable income stream in a thriving location. Key features : - Site Area: Approx. 1532m² - Zoning: Activity Centre Zone Schedule 1 - Plans & Permits approved for 8 townhouses - Location: - Located on King Street the property in the heart of Pakenham. - Pakenham Central Marketplace 800m* away - Pakenham Train Station is 950m* from the subject site - Easy access to Princess Highway & minutes drive to the Freeway - Pakenham Racecourse is 1 km* away - Monash Health Pakenham is 2km* away - School catchments: - Pakenham Springs Primary (2 km)* - St Patricks School (1.7km)* - Pakenham Hills Primary School (2.5km)* - Beaconshill College (3km)* Contact us today to seize this remarkable investment opportunity. Sukhdeep Singh 0412 003 466 AP Sidhu 0468 413 000 (PHOTO ID REQUIRED AT OPEN FOR INSPECTION) NOTE: link for Due Diligence Checklist: http://www.consumer.vic.gov.au/duediligencechecklist Disclaimer: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent