17 164 Army Road Pakenham, VIC 3810

Pakenham, Cardinia, VIC, 3810

$ 1,001,000

Pakenham, Cardinia, VIC, 3810
17 164 Army Road Pakenham, VIC 3810-0

Property Images

17 164 Army Road Pakenham, VIC 3810-0
  • Co living
  • Property Type
  • 4
  • Bedrooms
  • 4
  • Bathrooms
  • 2
  • Cars
  • 167

Details

Updated on Aug 19, 2026

Property Type: Co living
Price: $ 1,001,000
Land Price: $ 543,000
Build Price: $ 458,000
Gross Per Week: $ 1340**
Gross Per Annum: $ 69,680
Gross Yield: 6.96%
Capital Growth 12 Months: 6.15%
10Yr Annualised Growth: 7.18%
Vacancy Rate: 0.01%
Property Size: 167 m2
Land Area: 535 m2
Bedrooms: 4
Bathrooms: 4
Parking: 2
Title Status: Registered
Property ID: 34875
SKU: 1045
Sold: Aug 19, 2026

Features

  • Split system air-con units to all bedrooms
  • 2,700mm high ceilings throughout
  • 20mm stone edging to stove and kitchen island benchtop
  • Electric 600mm kitchen appliances & 600mm dishwasher
  • Study bench to all bedrooms (as per plan)
  • Timber laminate flooring to entry, living and kitchen areas
  • Tiles to wet areas; carpets to bedrooms
  • Flyscreens on all openable windows
  • Coloured concrete to driveway and path
  • Landscaping, fencing, clothesline and letterbox
  • LED lights throughout the house
  • Sectional panel lift garage door with 2 remote controls
  • Fixed site costs up to P-class* (excluding rock removal & retaining walls)

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Description

This Co Living in Pakenham presents a rare opportunity to secure a modern, high-growth investment. Featuring 4 bedrooms, 4 bathrooms and 2 car space/s, it blends lifestyle comfort with strong rental appeal. Every detail has been designed to combine style with practicality, making it attractive for both tenants and future buyers. Positioned in one of Australia's fastest-growing areas, this property is built for long-term value and immediate results. A standout choice for anyone seeking both security and growth.

Pakenham is a well-established suburb in Melbourne's southeast, offering excellent schools, shopping centres, and transport connections. With easy access to the Princes Highway and train services, Pakenham appeals to families and investors alike. Ongoing development continues to support strong rental demand and growth.

This Co Living in Pakenham delivers a combination of modern comfort and investment strength. Its thoughtful design and strategic location make it a valuable option for buyers seeking both performance and practicality. An opportunity worth considering.

A co-living property is a type of shared accommodation that offers private bedrooms with ensuite bathrooms and communal spaces such as kitchens, living rooms, dining areas, laundry facilities and outdoor areas.

Co-living properties are designed to foster a sense of community, convenience and comfort among the residents, who can enjoy the benefits of having their own space as well as socialising with like-minded people.

A co-living property attracts tenants who are looking for an affordable, flexible and hassle-free living option that suits their lifestyle and needs.

Co-living tenants are typically young professionals, students, digital nomads, entrepreneurs, creatives and seniors who value convenience, connectivity and collaboration.

A co-living property offers benefits to an investor who is looking for a high-yield, low-risk and future-proof investment opportunity.

Co-living properties have a higher occupancy rate, lower vacancy rate and lower turnover rate than traditional rental properties, as they cater to the growing demand for affordable and flexible housing solutions in urban areas.

Co-living properties also have higher capital growth potential, as they are generally located in prime locations with access to transport, education, employment and entertainment hubs.

You can read more about Co-Living here: https://ausinvestmentproperties.com.au/blogs/co-living-the-future-of-australian-housing

Floor plans

floor_plan.png
Address 17 164 Army Road Pakenham, VIC 3810
City Cardinia
State VIC
Postcode 3810
Suburb Pakenham
Estate Radison Estate

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Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.

Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.

Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.

SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.

This property is a single-contract property suitable for an SMSF.

SMSF Single Contract

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