Sold
23 164 Army Road Pakenham, VIC 3810
Pakenham, Cardinia, VIC, 3810$ 994,000
- Property Type
- 3+2
- Bedrooms
- 5
- Bathrooms
- 2
- Cars
- 214
Details
Updated on Aug 18, 2026
| Property Type: | |
|---|---|
| Price: | $ 994,000 |
| Land Price: | $ 476,000 |
| Build Price: | $ 518,000 |
| Gross Per Week: | $ 830 |
| Gross Per Annum: | $ 43,160 |
| Gross Yield: | 4.24 - 4.45% |
| Capital Growth 12 Months: | 6.15% |
| 10Yr Annualised Growth: | 7.18% |
| Vacancy Rate: | 0.01% |
| Property Size: | 214 m2 |
| Land Area: | 421 m2 |
|---|---|
| Bedrooms: | 3+2 |
| Bathrooms: | 5 |
| Parking: | 2 |
| Title Status: | Registered |
| Property ID: | 34871 |
| SKU: | 1045 |
| Sold: | Aug 19, 2026 |
Features
- 600mm Stainless steel appliances
- Stone bench tops to kitchen and vanities
- Tiled shower base
- Up to 20 downlights included
- 600 x 600mm Porcelain Tiles to wet areas
- Remotes to Garage Door
- Timber Look Garage door
- NBN Provisions
- Concrete driveway (up to 40m²)
- Clothesline
- 2.7m ceilings
- Dishwasher
- Split system to main living area & bedrooms
Forecasted value over 20 Years
Forecasted value is based on the 10 Year annualised growth.
Description
Located in Pakenham, this Multiple Occupancy is more than just a home, it's a smart investment opportunity. With 3 bedrooms, 5 bathrooms and 2 car space/s, it delivers functional design with modern living in mind. Investors will appreciate its strong yield potential, while residents will enjoy the comfort and convenience it provides every day. Set within a growth corridor, it combines lifestyle benefits with future financial returns. A property that works for you today and tomorrow.
Pakenham is a vibrant and fast-growing suburb in Melbourne's southeast corridor. It boasts excellent connectivity via major transport links and offers a wide range of amenities including schools, shopping centres, and recreation facilities. The area is experiencing strong population growth, supported by ongoing infrastructure developments, making it a prime location for long-term investment. With its family-friendly environment and community focus, Pakenham continues to attract both homeowners and investors.
Whether you're looking to diversify your investments or secure a low-maintenance home, this Multiple Occupancy in Pakenham delivers on all fronts. With its balance of comfort and growth potential, it's an opportunity worth securing. An investment that stands out for the future.
Floor plans
Address
Open on Google Maps
Address
23 164 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
